Currency Forecast

Another day brings another set of data to support further Fed tightening. That should be the main story with the release of US personal income data and the core PCE deflator for May. Barring a data...

The debate around Central Bank Digital Currencies (CBDCs) has been gaining momentum following the adoption of decentralized digital assets, such as Bitcoin, in recent years. According to the latest...

The GBP/USD has found a new breath in recent days as the currency dominates the FX space heading into the Bank of England (BOE) meeting this Thursday. GBP/USD is hovering around a 14-month high, just...

GBP/USD hovered around a 14-month high vs the U.S. dollar at the start of this week. Traders and investors are looking at the Bank of England and wondering if its rate decision will fuel the uptrend...

Fed may pause interest rate hike cycle at Wednesday meeting Meanwhile, ECB could hike with 2008 peak in question EUR/USD could move up following expected decisions by both banks The releases of US and...

The FX market is one of the biggest and most liquid in the world.Fluctuations in currency valuations also greatly affect investors’ portfolios: for instance, a US investor buying Japanese...

 USDCNH US dollar to offshore Chinese yuanRecently, the USD/CNH has risen for 4 consecutive trading days and is currently hovering around 6.98408. The U.S. dollar index , which tracks the...

The US dollar is likely too entrenched to be seriously evicted from GRC status.The de-dollarization threat looms as the Chinese yuan assumes a more active role in international payments and as the...

USD: Be careful chasing the dollar reboundThe release of quarterly earnings in the US continues to paint a better picture for American corporates, with big tech companies beating estimates yesterday....

As key central bank meetings draw closer, markets appear to favor European currencies to the detriment of the dollar, whose rate advantage is being eroded. The two-year EUR-USD swap rate differential...

Brazilian President Lula recently asked the following questions:‘’Every night I ask myself why should every country have to be tied to the US Dollar for...

The Hungarian forint sold off 2% yesterday after a local central banker surprised markets by suggesting Hungary could make preparations to start easing interest rates. Central banks in Eastern Europe...

Do we need to worry about the end of the US dollar dominance in international trade – the de-dollarization of global finance?There is widespread discussion and concern in some quarters as China...

The dollar will be extremely hard to replace for four reasons: The rule of law, liquid financial markets, and economic and military might. 60% of global currency reserves are in dollars, and about...