Currency Forecast

Consumer spending expanded by a mere 1.6% for the last quarter, a severe fall-off from the 12% growth in the second quarter. Since consumer spending makes up 69% of the $23.2 trillion US economy, this...

This article was written exclusively for Investing.com.There is little doubt which currency has been the king of foreign exchange market this week. The US dollar got a big boost after that...

Risk appetite soured today as the Dow Jones Industrial Average closed lower for the first time in nine trading days. The simultaneous decline in currencies and Treasury yields confirms our view that...

The Federal Reserve has made it official. Starting later this month, it will reduce its monthly bond purchases by $15 billion ($10 billion Treasuries, $5 billion mortgage-backed securities). By...

For the first time since the pandemic began, the Federal Reserve will reduce the stimulus it has been providing. Given the significance of this move and what it means for the central bank’s...

Earlier this morning, the Japanese yen lost 0.2% against the dollar after the surprise results of the Asian country's parliamentary election, held on Sunday, showed that Prime Minister Fumio Kishida...

Buckle (NYSE:BKE) your seat belts because the next 24 hours will be busy for the foreign exchange market.  There are two monetary policy announcements, German labor market and inflation...

Of the three monetary policy announcements this week, the Bank of Canada’s is the most important. Back in April, the Bank of Canada set the ball rolling by becoming the first major central...

DXY rebounded last night and EUR sank:   Australian dollar was bashed:Oil fell. Gold is dead:Base metals were slaughtered:Big miners cremated:EM stocks weak:Junk weaker:As yields lifted but the...

DXY was hammered last night as EUR gained. The technical damage is limited but this tells us something about an easing safe-haven trade:   The Australian dollar remains a one-way ticket up:Oil...

Stronger than expected earnings drove the Dow Jones Industrial Average to record highs. Despite Delta variant fears, rising prices and supply-chain shortage, bulge bracket U.S. companies are thriving....

DXY is sinking just because. EUR is off the bottom:   The Australian dollar is one way energy rocket to the moon:Oil won’t stop. Gold can’t start:Base metals flamed out though:As...

U.S. stocks extended their gains on Tuesday, and the improvement in risk appetite drove investors out of safe-haven currencies into riskier ones, which explains why the U.S. dollar ended the day lower...

DXY was soft again and EUR rallied:   The Australian dollar rocket paused:Oil kept going:The base metals mania paused:Miners are still buggered on iron ore anyway:EM stocks back from the brink...