Currency Forecast

The US dollar soared yesterday, hitting a one year high. The greenback's rise was powered by two tiggers—rising expectations of a decrease in the Federal Reserve’s bond purchases and fears...

Behold the greenback rocket. DXY to the moon and EUR to the dirt:   Australian dollar was monkeyhammered:Gold is toast. Maybe oil too:Base metals were hit. Copper is forming a bearish descending...

The US dollar traded sharply higher against all of the major currencies on Tuesday as Treasury yields surged and stocks plummeted. With several factors driving investors out of risk assets, FX...

DXY was up overnight as EUR fell:   The Australian dollar was strong anyway:The key was energy. Oil exploded:Thermal coal exploded:LNG exploded:Coal adds to Australian income but oil and gas do...

A bit more than two weeks ago, European Central Bank President Christine Lagarde insisted, "the lady is not for tapering." It was the ECB chief's attempt at easing trader nerves. In plain language, in...

DXYfirmed again Friday night supported by the energy crisis. EUR was soft:   Australian dollar was universally weak:Oil broke out. Very bad news for the world. Gold is stalled:Base metals were...

Forex is getting increasingly volatile. DXY is still trading near the top of its range but it couldn’t break out. EUR bounced:   The Australian dollar took off on some easing in Evergrande...

The Bank of England meets today at noon local time, 7AM EDT, for its next policy decision. Expectations are that the UK central bank will keep interest rates at 0.10%.However, that's not what...

Investors drove the U.S. dollar sharply higher after the Federal Reserve made it very clear that it is ready to reduce asset purchases. According to Fed Chairman Jerome Powell, it is “time to...

Forex markets reversed last night as DXY eased but AUD fell. EUR was stable:   The Australian dollar was weak across the board:Oil and gold firmed:But base metals struggled. Copper has formed a...

There are only three more Federal Reserve monetary policy announcements before the end of the year. If Fed Chairman Jerome Powell wants to give the market ample time to prepare for tapering asset...

DXY pumped and dumped overnight as markets took fright on China then bid back up:   The Australian dollar did likewise though kept falling on the crosses:Oil fell and gold rose:Base metals...

This is one of the busiest trading weeks of the year, and for this very reason, volatility in the stock market as measured by the CBOE Volatility Index rose to its highest level in four...

It looks like DXY is revving up to break higher. EURis plunging:   AUD was flushed again Friday night:Gold too, oil held on:Base metals were mixed. The copper chart is developing a bearish down...