Currency Forecast

The U.S. dollar traded lower against all of the major currencies after the U.S. inflation report showed consumer prices slowing in the month of July. Overall inflation grew by only 0.5%, down...

Forex markets continued recent trends overnight with DXY strong but AUD hanging on. EUR is at the cliff’s edge: The Australian dollar pushed back from the brink and it looks like it’s...

There’s just over two weeks to go before the Federal Reserve’s Jackson Hole Symposium and investors are buying U.S. dollars on the premise that the Fed will set the stage for tapering in...

Forex markets are readying another hammer blow for the Australian dollar as Fed taper warms up with Chinese inflation slowing to create a perfect storm. DXY is close to a 2021 breakout: The...

The economic calendar may not be as jammed pack this week compared with last week, but if today’s moves in commodities are a sign, this could be a very active week in the financial...

Highlights for the week Silver posts negative pattern Wednesday Breaks short term support Thursday to confirm the pattern Gold posts negative pattern Thursday Dollar index breaks up Friday ahead of...

Richard Clarida, Vice Chairman of the Federal Reserve, said his central bank is set to start raising interest rates in 2023, while scaling back its massive asset purchasing—its method to keep...

The U.S. dollar ended the day sharply higher against all of the major currencies, but not before wild swings that took USD/JPY below 109.00 and then back above 109.50. EUR/USD soared to 1.1900 at the...

After the US Federal Reserve's monthly policy decision on Wednesday, the dollar fell to a three-week low. The USD selloff extended into Thursday, for a fourth day of declines, for the first time since...

The U.S. dollar traded lower against most of the major currencies on the back of the Federal Reserve’s monetary policy announcement. EUR/USD rose to its strongest level in nearly two weeks,...

The U.S. dollar traded lower against the euro and Japanese Yen ahead of Wednesday’s Federal Reserve’s monetary policy announcement. This sell-off was driven by a combination of lower...

Taking a look at the economic calendar, it is set to be a busy week for the forex market. There’s a central bank rate decision, GDP, inflation and employment reports scheduled for...

This article was written exclusively for Investing.comThe EUR/GBP managed to bounce back Friday morning on the back of stronger Eurozone PMI data, while disappointing numbers from the UK hurt the...

The European Central Bank’s monetary policy announcement was the most important event this week, but it did not inspire any breakout moves for EUR/USD. This, of course, is exactly what central...