Currency Forecast

This week should be a wake-up call for all investors. The market disruption caused by retail traders swapping ideas over Reddit and squeezing out major hedge funds is unprecedented, but corrections...

All of the major currencies traded higher on Wednesday on the back of good data and equity market gains. The U.S. economy expanded by 4% in the fourth quarter, but this increase was not enough to...

With the Federal Reserve holding its first monetary policy meeting of the year, it would be easy to attribute today’s U.S. dollar rally to the central bank’s comments.However, nothing in...

Except for corrective rallies, we have been consistently bearish on the dollar for about half a year. However, since Sunday we’ve been wondering whether the dollar is consolidating, and possibly...

The Federal Reserve holds its first 2021 FOMC meeting Wednesday and, based on the performance of U.S. assets, investors don’t expect any surprises from the central bank. The rally in stocks and...

Investors around the world will be watching U.S. markets this week. It is the busiest week of the fourth quarter earnings season, the Federal Reserve has a monetary policy announcement and we get...

This article was written exclusively for Investing.comIt is very difficult to be bullish on the pound during times like now, with COVID deaths hitting new records every day and the economy being on...

It has become abundantly clear over the past year that the market is driven by optimism. The COVID-19 pandemic dealt a major blow to every corner of the world, but rather than worrying about how...

It’s a big week for the financial markets. The Congressional hearings for Janet Yellen’s confirmation as Treasury secretary began today. (There’s no guidance on how fast the panel...

It may not be long before we see more significant profit-taking in equities and currencies. The signs are there – stocks hover near record highs but are struggling to extend their gains....

The resilience of the euro is remarkable. The single currency ended the day higher against the U.S. dollar and Japanese Yen despite German Chancellor Angela Merkel’s warning that the lockdown...

As we kick off the second week of January, the greenback extended its gains against all of the major currencies. Despite the first month of job losses in April, the uptick in manufacturing and...

The article was written exclusively for Investing.comThe USD/JPY needs to be monitored closely with the US dollar trying to form a base over the past couple of days. So far, it looks like an oversold...

The U.S. dollar traded higher against all of the major currencies on Thursday as months of U.S. political uncertainty finally settled. Last night, Joe Biden was certified as the winner of the 2020...