Currency Forecast

Originally published by AxiTraderThe Australian dollar is sharply higher this morning, buoyed by the truce in the trade war, what that implies positively about growth in the world's two biggest...

Originally published by AxiTraderThe latest positioning report from the CFTC showed that large speculators were forced to cut their US dollar short positions further. While market participants do not...

Originally published by AxiTraderRisk on, risk off. RIsk off, risk on. As trite as it is to distil moves in markets down to these base descriptions it is fundamentally true that the Australian...

Originally published by AxiTraderThe Aussie dollar is lower this morning but holding 75 cents for the moment after base metals helped it outperform most of the other majors in the past 24 hours. It...

Originally published by AxiTraderThe Australian dollar traded down to a low of 0.7448 yesterday after the release of the disappointing wage price index which did little to assuage the fears many hold...

Originally published by AxiTraderThe US dollar was stronger again overnight as a combination of surging bond rates and solid retail sales reiterated to traders and investors across the globe that the...

Originally published by The Reserve Bank of AustraliaI could try to fit a fundamental narrative to the Aussie dollar's move over the past 24 hours. But the reality is that what was clear for the...

Originally published by AxiTraderThe latest CFTC report showed that there were some notable shifts in FX positioning, especially in the British pound and Swiss franc. Pound net positioning decreased...

Originally published by AxiTraderThe Australian dollar rocked through resistance in the 0.7470's yesterday afternoon before roaring into the 0.7530's where it sits this morning - up around 1% - after...

Higher US rates and strong dollar catalyst for losses Argentine peso and Russian ruble face heaviest rout Turkish lira follows closely behind Emerging market currencies have fallen sharply against...

Originally published by AxiTraderThe Australian dollar was under intense pressure at one stage last night trading down to a low around 0.7411 before recovering to sit at 0.7462 as I write. The Aussie...

Originally published by AxiTraderYesterday I noted the Australian dollar's outlook might be turning. And although it fell about 0.3% overnight and sits at 0.7513 it's fair to say that the big sell-off...

Originally published by AxiTraderThe Australian dollar's recovery continued into week's end even as the Euro and pound remained under pressure. It's sitting at 0.7530 off last week's low of 0.7472...

Originally published by AxiTraderThe latest CFTC report shows that large speculators are still covering their US dollar short positions. Considering how much the dollar moved in the past few weeks, it...