Currency Forecast

The pound sterling rose on Tuesday, in line with other risk assets, as sentiment recovered from the Omicron-induced selloff that's weighed on markets since last week. The British currency was up as...

The rally in currencies and equities continued Thursday, with the U.S. dollar extending lower. All of the major economic events this year are now behind us, clearing the way for a Santa Claus...

The Federal Reserve took a big step in its battle with inflation today when it announced plans to taper asset purchases by $60 billion a month. In November, it was cutting purchases by $15...

Currencies and equities have been consolidating ahead of Wednesday’s Federal Reserve monetary policy announcement. It is the most critical event risk of the week and the most likely catalyst for...

Buckle (NYSE:BKE) your seatbelts and brace for some big moves in the markets this week. Everything from equities, currencies to Treasuries and crypto have been itching for breakouts. With five...

This article was written exclusively for Investing.comThe Dollar Index has been consolidating its recent gains around the mid-point of the 2020-2021 drop over the past few weeks or so. Today, there is...

There is a very clear quadruple top pattern in USD/CAD from 1.2850. Investors have been snapping up Canadian dollars ahead of Wednesday’s monetary policy announcement. The Bank of...

The US dollar rallied on Monday against some but not all of the major currencies.  Our readers should not find the rally in USD/JPY or decline in EUR/USD surprising because we talked about...

This article was written exclusively for Investing.comThe FX markets have been fairly quiet given how volatile the equity markets have been. As another week draws to a close there is still a lot of...

Health experts around the world are worried about Omicron, but investors are not – at least that’s what the 2% rally in stocks and rebound in the U.S. dollar suggests.  Everyone...

Currencies and equities sold off sharply today after Federal Reserve Chairman Jerome Powell said: “It is time to retire the word transitory regarding inflation.” Investors bid up the...

The U.S. dollar soared against all of the major currencies after President Joe Biden officially renominated Jerome Powell as Federal Reserve chairman. Dr. Lael Brainard, the only other realistic...

Investors bought U.S. dollars after retail sales rose for the third month in a row. The increase in demand was widely anticipated, but the increase in overall spending along with spending...

Currency investors, made increasingly optimistic by yesterday's direct talks between US President Joseph Biden and China's President Xi Jinping, pushed the USD/CNY toward its highest levels since...