Currency Forecast

The Federal Reserve’s annual symposium at Jackson Hole is the most important event of the week. Over the past few months, the Federal Reserve hinted about the need to reduce asset purchases, and...

Forex markets calmed down a little Friday night after last week’s extended fireworks for the Australian dollar. DXY gains eased off and EUR rebounded:   Australian dollar has no support to...

This article was written exclusively for Investing.comThe dollar index has been rising steadily now for several weeks. With the Fed’s latest minutes indicating a tapering of asset purchases is...

Forex markets are in capitulation. Fed taper is being priced and DXY running hard off a big double bottom. EUR is the reverse:   The Australian dollar is being pulversmashed:Gold is doing OK all...

The growth scare has begun and forex is leading the way. DXY is poised to push higher on Fed policy error and safe haven flows as EUR tumbles:   Australian dollar is the free falling mirror...

Whoa! Big action last night in forex markets. DXY was strong and EUR weak:   The Australian dollar was slaughtered on all crosses. Against the US dollar we are now in free fall with no supports...

Forex livened up a little last night as weakening Chinese data injected frisson. DXY firmed as EUR fell:   The Australian dollar was puked lower on all crosses, especially JPY. Versus USD it...

At time of publication, risk assets, including US futures and global equity benchmarks, are slumping, pressured lower by a trio of investor worries: geopolitical tensions after Afghanistan's US-backed...

The forex market is caught in an inflation/deflation three-way tug of war between the US outlook, falling covid reopening inflation and a rapidly slowing China. Last night the latest US CPI reading...

The U.S. dollar traded lower against all of the major currencies after the U.S. inflation report showed consumer prices slowing in the month of July. Overall inflation grew by only 0.5%, down...

Forex markets continued recent trends overnight with DXY strong but AUD hanging on. EUR is at the cliff’s edge: The Australian dollar pushed back from the brink and it looks like it’s...

There’s just over two weeks to go before the Federal Reserve’s Jackson Hole Symposium and investors are buying U.S. dollars on the premise that the Fed will set the stage for tapering in...

Forex markets are readying another hammer blow for the Australian dollar as Fed taper warms up with Chinese inflation slowing to create a perfect storm. DXY is close to a 2021 breakout: The...

The economic calendar may not be as jammed pack this week compared with last week, but if today’s moves in commodities are a sign, this could be a very active week in the financial...