Currency Forecast

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Dollar bulls came charging back Monday and they took the greenback higher against all of the major currencies. The biggest...

Originally published by AxiTraderWelcome to the Forex Today column. In it, I'll be trying to add a bit more colour and a lot more charts than I do in my broader overnight Market Wrap I do first thing...

Originally published by AxiTraderThere have been some notable movements in speculative FX positioning. First of all, euro long positioning now stands at the highest level since May 2011. Net...

Originally published by AxiTraderThe Australian dollar is sitting at 0.8053 after it ran to a high around 0.8124 Friday. That was the highest level AUD/USD had traded at since an aborted foray above...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.September is traditionally an active month in the foreign-exchange market as investors are back from their holidays and ready to...

Originally published by AxiTraderWhat was expected to be one of the more significant European Central Bank (ECB) meetings this year, ended up being rather a non-event, especially when we look at the...

Originally published by AxiTraderThree misses in a row and off important data points - GDP, retail sales, and trade - had the Australian dollar on the back foot yesterday. But the low of 0.7974 was...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.The euro soared on Thursday breaking above 1.20 and hitting a high of 1.2060 following the European Central Bank’s...

Originally published by Guppytraders.comThe Australian dollar breakout stalled near US$0.80. In the longer term the width of the trading band can be projected upwards to set a target near US$0.835....

Originally published by AxiTrader80 cents is the new black it seems when it comes to the Aussie dollar, which is back at that level this morning after an aborted rally to 0.8020 gave way to a fall to...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.It is only the third official trading day in September and we’ve already gotten a taste of the wild swings that can be...

Originally published by AxiTraderWelcome to the Forex Today column. In it, I'll be trying to add a bit more colour and a lot more charts than I do in my broader overnight Market Wrap I do first thing...

Originally published by AxiTraderThe laws of supply and demand still work. That was the message the RBA governor wanted to give on the outlook for wages and inflation in Australia during his speech...

This is an exceptionally busy week in the foreign-exchange market with an economic calendar filled with market moving events outside of U.S. borders. However in the second day of trade the greenback...