Currency Forecast

The Federal Market Open Committee increased interest rates by 0.75% for the fourth straight time yesterday. This hike pushes the top of its target range to 4%, the highest since 2008. Therefore,...

It is a busy week for FX markets, with key policy rate meetings on both sides of the Atlantic and some tier-one data releases. The question to be answered this week: is the Federal Reserve ready to...

BoJ inaction means policy divergence grows larger Japan government intervention ineffective Dollar rebound amid haven flows By standing pat on monetary policy despite the recent inflation spike and...

The European market is gearing up for a jumbo rate hike by the European Central Bank. The expectation is weighing on the STOXX 600 Index as investors expect the euro to strengthen following the rate...

It's been another day of follow-through selling in the USD – the DXY has smashed through the 50-day MA and Oct. 4 swing low, and it’s been a steady stream of dollar sellers – USD/CNH...

Here are our four scenarios for the European Central Bank and their related implications for the currency and rates markets. A 75bp ECB hike is our call; it's what markets are expecting too. Attaching...

Many parts of the FX market are starting to see the emergence of trading ranges - although Asian FX now looks like the weak link here. Despite this consolidation, FX traded volatility levels remain...

The dollar retreated 0.15% as China considered reducing inbound quarantine to 7 from 10 days. The greenback's slide followed Wednesday's 0.75% jump, the sharpest advance in a week, as soaring UK...

A reversal in UK fiscal policies, some stability in equity markets, and a dip in European energy prices point to a further corrective period in FX markets. The dollar could weaken a little further,...

As markets price the Fed's peak rate almost at 5.0%, US housing data will be watched this week. A housing downturn is likely considered a "necessary evil" now, but the pace of the drop may start to...

UK politics commands the international spotlight from time to time, and that time is now. Yet, while we fraternize over Fed policy and how high the Fed could take the fed funds rate into 2023, UK...

The dollar continues to consolidate barely 1% off its highs of the year. Last night's release of the September FOMC continued to reveal a very hawkish Fed operating the risk management strategy that...

More turmoil in the UK bond market has seen the Bank of England step in with another emergency measure, this time to support battered inflation-linked bonds. Today's 30-year linker auction and speech...

We continue to favor a stronger dollar this week, as CPI numbers should show another acceleration in core inflation, Fed communication should remain hawkish and risk sentiment unstable. The...