Currency Forecast

Inflation in the euro area hit another record. Consumer prices jumped 9.1% annually.The data sparked calls for a hefty interest rate hike. European Central Bank (ECB) Governing Council member Joachim...

The dollar rose for the fourth straight day to a 6-week high against the Swiss franc. The Swissy is also at a four-week low against the euro and the loonie. While the CHF is hovering at a two-month...

The euro has posted gains today and briefly punched above the symbolic parity line. In the North American session, EUR/USD is trading at 0.9978, up 0.11%.German Business Confidence DipsIt seems that...

US Dollar could weaken on profit taking in light of poor data   All eyes and ears on Jackson Hole and Powell speech on Friday  Bullish engulfing at prior lows points to at least a short...

The dollar has strengthened materially in 2022 Recently, China’s economy has gone through a significant slowdown This has resulted in the US dollar strengthening against the Chinese yuan The US...

FundamentalsWhile Eurozone inflation surged to US levels, the euro has three primary disadvantages versus the dollar:Interest rate differentials Recession Ukraine conflict Interest Rate...

Falling oil prices and bond yields is good news for yen Dollar weighed down by concerns about US economy, peak inflation Cracks starting to appear in USD/JPY charts The USD/JPY will be in sharp focus...

The Swiss franc has gained against the dollar for the past three months, the longest stretch since 2020.The rally began in May as spiking volatility in global financial markets sent investors into...

The Bank of Canada shocked investors Wednesday, raising interest rates by 100bp, the largest single-month increase for the central bank in 24 years. Going into the meeting, investors anticipated a big...

The global tightening cycle continues in the next 24 hours with two central banks prepared to raise interest rates. In the Asia session, the Reserve Bank of New Zealand is widely expected to...

With the EUR/USD now on its sixth consecutive down day and just over 1 cent above the key 1.00 handle, it is clearly one of the important charts to watch today as it gets ever closer to...

The dollar extended a decline from a 20-year high, on lower than anticipated US economic data releases. The greenback slid on Friday after US consumer morale hit an all-time low, as measured by the...

This article was written exclusively for Investng.comFollowing the SNB’s surprise decision to hike rates by 50 basis points on Thursday, the USD/CHF tanked some 360 pips from the high to the...

By raising interest rates 75bp to 1.75% at its June monetary policy meeting, the Federal Reserve is telling us it is willing to risk recession for inflation. Not only did the central bank raise...