Currency Forecast

Pharmaceutical companies are making meaningful progress towards developing a successful vaccine but according to the markets, its just not fast enough. If we are lucky, a vaccine will be...

The US dollar traded sharply higher against all of the major currencies on Monday after Pfizer (NYSE:PFE) said their COVID-19 vaccine is 90% effective in preventing the virus. While Pfizer’s...

November kicks off with one of the most closely watched elections in US history, widespread COVID-19 lockdowns in Europe, three central bank monetary policy announcements and labor market reports from...

Most of the major currencies traded lower against the U.S. dollar Friday as the Dow Jones Industrial Average tumbled more than 300 points. At one stage, stocks were down over 500 points but came off...

The European Central Bank left monetary policy unchanged today, but the euro sold off aggressively after President Christine Lagarde confirmed that more easing is on its way. The central bank is...

Currencies and equities traded sharply lower on Wednesday, as the Dow Jones Industrial Average tumbled more than 900 points. At the start of the week, we warned that panic selling can lead to...

The mood is shifting in the financial markets. With eight days until the U.S. Presidential election, investors are finally growing nervous. The Dow Jones Industrial Average fell more than...

On Thursday we outlined three main factors that could affect how currencies trade: the U.S. election, stimulus talk and economic data. As it turns out, data was the leading driver of currency...

In terms of economic data, Friday is the most important day this week. Markit Economics will be releasing PMI numbers for Australia, the Eurozone, UK and the U.S. These are important reports because...

With 13 days until the U.S. presidential election, it is no surprise to see investors selling U.S. dollars. President Donald Trump and Democratic presidential nominee Joe Biden are locked in a tight...

The U.S. dollar traded lower against most of the major currencies on Monday as the new stimulus deadline looms. Over the weekend, House Speaker Nancy Pelosi gave the White House a 48-hour deadline....

The U.S. dollar traded higher against most of the major currencies on Friday thanks to better than expected economic data. Consumer spending rose 1.9% last month, more than two times the...

The U.S. Presidential Election is three weeks away and investors are finally beginning to feel the jitters. Stocks sold off for the second day in a row, driving currencies lower in the process. This...

There's escalating bad blood between Australia and China—which began after the coronavirus outbreak in Wuhan, the capital of China's Hubei provence, started its global spread—as an ongoing...