Currency Forecast

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Concerns for low inflation are limited. While European Central Bank head Mario Draghi said Thursday that measures of ...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Just hours ahead of the European Central Bank's monetary-policy announcement saw profit taking drive EUR/USD off its highs. ...

by Pinchas Cohen On July 3 we forecast that the euro would cross over its 2-year downtrend line against the dollar. Today, it’s set to make its fourth close above the trend line since July 14. ...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Investors don’t need to look any further than the Trump Administration’s failed bid to repeal Obamacare for an ...

While it has felt feels like the tide is dragging a seemingly helpless ZAR out to sea... ...the market just keeps on fighting back! With no rationall explanation, the Rand strengthened nearly 50c in ...

by Pinchas Cohen It’s coming. August first. As the dreaded scaling debate deadline for Bitcoin approaches, the cryptocurrency declines, as its chain-split risk rises. The Harder They Fall After ...

Recommendation: LOOK TO GO LONG Current Trend: Short- and med-term down, but oversold. Long-term sideways. Strategy: Go long a close above line 4 (aggressive), or above line 3 (more ...

By Glenn Howell This week we’re taking a 30-second look at GBP/USD, AUD/USD and USD/CHF – my top three new trading opportunities. GBP/USD Sterling managed to close at a new high for 2017 ...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. What was supposed to be a strong week for the U.S. dollar turned into a crushing one for the greenback. Fed Chair Janet Yellen ...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Janet Yellen gave dollar bulls fresh hope on the second day of her testimony to Congress. The Fed Chair finally talked up the ...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Investors have been skeptical of the Fed’s hawkishness in the days leading up to Janet Yellen’s testimony and when ...

By Glenn Howell Have you ever noticed how the Kiwi (NZD/USD) reacts when there is an important (and supposedly unrelated) Aussie (AUD/USD) news release? It works the other way around too – watch...

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Wednesday is a big day in the foreign-exchange market, particularly for the U.S. and Canadian dollars. The price action of ...

Yesterday offered a quiet start to a busy week in the foreign exchange market with volatility focused on what we’ll dub as wild Wednesday. The day kicks off with the UK’s labor report ...

As Bitcoin is set to post its first 3-day consecutive daily drop in nearly 4 months, digital currency traders will want to know more about the biggest potential development currently surrounding ...

The market did not react how persons hoped it would this week, as it sent shockwaves through the financial world... ..."where to from here?" was the question as it spiked closer to R13.50/$ on ...