Currency Forecast

It seems investors are starting to think that the Fed is done with rate hikes and are now starting to reduce underweight positions in risk assets, including emerging market currencies. This is dollar...

GBP/USD finds mild support from hawkish BoE US NFP in focus next after Fed’s hawkish pause UK GDP among next week’s key data highlights Ahead of the Bank of England’s rate decision,...

Recent market focus has shifted from geopolitical issues to economic data The US dollar declined slightly following Fed's decision to leave interest rates unchanged Meanwhile, the EUR/USD has...

Even though it was a hawkish hold, the Fed's decision to leave rates unchanged for a second meeting in a row has seen interest rate volatility drop and high-yielding currencies start to perform well...

After sensational yen support of 150, Tokyo has sat back, allowing suspense to build Dollar, meanwhile, not collapsing, as US exceptionalism drives greenback’s strength Investing.com charts...

Periodic weakness in the dollar might delay but not prevent yen decimation If Dollar Index weakness extends to 105.40 and below, USJ-JPY could see 148  Consolidation above 149 may resume...

GBP/USD pair has finally bounced after a sustained downtrend The pair is now coming across a resistance zone Could it break above the resistance zone amid Fed's hawkish stance and a divided BOE...

Dollar Index at so-called inflection point, pending Fed chatter on rates and CPI DXY down 2nd week in row, short-term potential to rebound Inflation reading might have to be a blockbuster number to...

Yen rises as Israel-Hamas conflict “triggers risk off” response FOMC minutes, US CPI, and UoM Consumer Sentiment among key data The weekly doji candle at 150.00 provides a potentially...

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Treasury yields surge on unexpectedly strong US job growth in September Accordingly, the greenback appears to be marching towards key resistance  This suggests the US dollar may continue its...

Is EUR/USD Preparing for Another Corrective Move? USD/JPY Currency Intervention Fails to Halt Yen Depreciation Possible Conclusion of the NZD/CHF Rebound The advent of autumn in the currency markets...

Bank of Japan intervention aims to draw line in the sand for the yen Meanwhile, yields continue to surge in the US Against this backdrop, a bigger recovery for the Japanese currency remains highly...

US dollar index faces risk of ending its 11-week bullish streak, with potential to fall to 105.5 Factors contributing to dollar's strength include hawkish Fed, Eurozone recession concerns, and weak...