Currency Forecast

The U.S. dollar fell to fresh lows against the euro, the Japanese Yen and New Zealand dollar Friday. This morning’s U.S. economic reports were mixed. Consumer sentiment improved in the...

Twenty-four hours after the Federal Reserve pledged to keep interest rates at zero until 2023, the U.S. dollar extended its losses against all of the major currencies. The greenback fell the most...

The U.S. dollar traded higher on the back of the Federal Reserve’s monetary policy announcement. Although the main takeaway from today’s FOMC meeting is no rate hikes for the next...

Wednesday’s Federal Reserve monetary policy announcement is the most important event risk on this week’s calendar, but many investors are wondering how much impact it will have on the U.S....

With three monetary policy announcements, labor market numbers, New Zealand Q2 GDP, retail sales and a number of inflation reports scheduled for release this week, it should be a busy one for...

The euro soared above 1.19 on the back of the European Central Bank’s monetary policy announcement. The ECB was less dovish than anticipated but the single currency failed to hold onto its...

As it slips for a sixth straight day, the euro is fluctuating. Nonetheless, it's the longest losing streak for the single currency since Apr. 6.All this is happening ahead of Thursday's ECB meeting....

This article was written exclusively for Investing.comThe Dollar Index has declined sharply in recent weeks, as US government spending soars and rates on the 10-year US Treasury sink. It has resulted...

With less than 24 hours to go before the next U.S. jobs report, it was finally time for investors to take profits on overstretched equity positions. The fragile U.S. recovery fails to justify...

The record-breaking moves in the S&P 500 has drawn investors into U.S. assets and, in turn, the U.S. dollar. The greenback extended its gains against all of the major currencies on Wednesday,...

The dollar jumped today, increasing the currency's advance to a second day after yesterday's US ISM manufacturing release beat expectations. However, we remain decidedly bearish on the USD and view...

At the start of the New York trading session, EUR/USD raced above 1.20, but this psychologically significant level was rejected quickly and aggressively. The reversal is no surprise given this...

With August drawing to a close, the Federal Reserve’s decision to shift its inflation focus last week is catching up to the US dollar. The greenback traded lower against all of the major...

For forex traders, Thursday’s Jackson Hole speech by Federal Reserve Chairman Jay Powell is the most important event risk this week. Despite a continued rise in U.S. yields, investors sold...