U.K. pound, along with other high beta currencies, lower on FX market The sterling is retreating in forex trading on the currency market as risk appetite takes a break, and as concerns about the U.S. economic situation become more apparent. At the end of last week, many currencies were gaining against the U.S. dollar. The [...]
Currency trading on the FX market Risk appetite has all but disappeared right now in currency trading on the FX market. While the euro is heading higher right now, this state of affairs in not expected to last. Other risk currencies, like the Aussie and the sterling, are lower in forex trading. Concerns about what [...]
The recent decline in the Australian dollar is a good opportunity to buy the currency against the euro and greenback, says Kathy Lien, director of currency research at GFT. She shares her FX trading strategy with Rajiv Biswas and CNBC
High beta currencies rally on the FX market A risk rally is underway in forex trading on the currency market. High beta currencies are moving higher on the FX market right on news from around the world. Even though economic data is light today, there are plenty of considerations to be made. Ireland is expected [...]
Currency trading on the FX market The euro is moving lower in forex trading on the currency market, heading down after the Irish bailout. Even though European governments outlined plans for future bailouts at the time, there are still mixed feelings about the whole bailout issue throughout the euro zone. For now, the U.S. dollar [...]
Today, we bring you an interview with Kathy Lien, the internationally published author, Director of Currency Research of FX360.com and GFT, and co-author of BKForex Advisor, one of the few investment advisory letters focusing strictly on the FX market. She is one of the authors of Investopedia’
Risks to the Swiss franc rally One of the best performers this year on the FX market has been the Swiss franc. It has everything going for it: traditional safe haven status and an expanding economy with inflation kept under wraps. However, the Swiss franc may not see such progress as the year comes to [...]
Kathy Lien, director of currency research at GFT, shares her strategy for trading in the FX markets with CNBC’s Martin Soong.
Down under currencies weaken on the FX market Weak data out of New Zealand is sending the kiwi tumbling in forex trading on the currency market. Labor data turned out to be much weaker than expected, and is undermining the strength of the New Zealand economy. This news from down under isn’t doing much for [...]
U.S. dollar heads lower in currency trading Concerns that the Fed may engage in more quantitative easing is sending the U.S. dollar lower in currency trading on the FX market. Worries are that the Fed may move away from balance sheet reduction in favor of more economic stimulus. So far, the economy has recovered but [...]
Pound, euro gain in forex trading against U.S. dollar The risk rally is alive and well right now in currency trading on the FX market. Risk currencies like the pound, Aussie and euro are higher in forex trading against the U.S. dollar. Chinese economic data showed a slowdown, but that is not unexpected, especially considering [...]
Currency trading on the FX market The kiwi is lower in forex trading today, thanks to dovish sentiment expressed by the Reserve Bank of New Zealand. RBNZ officials decided to raise the base rate by 25 basis points, putting the benchmark at 3%.
Interest rates expected to remain steady The Australian dollar is turning lower in currency trading on the FX market today as interest rates are expected to remain steady for some time. Today, RBA Governor Glenn Stevens pointed out that things have slowed dramatically in the Australian economy recently, and the need for higher rates has [...]
Interest rate hike could be delayed U.S. economic data continues to conflict, indicating that the U.S. economic recovery is going to continue to experience slow going. This morning, consumer price data showed a drop in April, as retailers respond to weak demand with a high employment rate and continued housing market woes. As a result, [...]
Forex trading with GBP/USD The sterling can’t seem to get ahead in currency trading on the FX market. Even though the FTSE 100 is doing well right now, the pound remains down in forex trading. Indeed, the euro is doing better, in spite of continued concerns over euro zone members’ debts. And, debt and political [...]
Retail sales unable to boost greenback in forex trading The U.S. dollar is down in currency trading on the FX market this morning as forex traders look for higher returns. Even the improved retail sales data could not get forex traders to focus on fundamentals — especially since the Fed has been reluctant to jump [...]
Forex trading with the greenback The U.S. dollar is higher in currency trading on the FX market this morning, thanks to the news that the U.S. economy added jobs. Indeed, the U.S. saw the biggest boost to jobs in three years. As a result of this news, the U.S. dollar jumped against the sterling and [...]
Sterling in forex trading The pound slipped below 1.5000 in currency trading on the FX market earlier in trading. The move was not much of a surprise, with the news that inflation is cooling in Britain, giving rise to the assumption that quantitative easing will continue for a while. Other pressures on the U.K. pound [...]
Sterling in forex trading Currency trading on the FX market should consider that the sterling is dropping as traders consider the latest warning from Moody’s. The credit rating agency issued warnings that the U.S., U.K., France and Germany could face ratings downgrades soon with regard to their sovereign debt. The countries that are considered most [...]
Kathy Lien quoted by corporate fx. The dollar is not under threat from a rallying euro because “fundamentally, the Eurozone is in worse shape than the US,” one foreign exchange hedging strategist has claimed. Writing for FX360, Kathy Lien, director of currency research at GFT, explained that while the euro rallied against the dollar at [...]