Currency Forecast

Tomorrow is a big day for currencies, equities and Treasuries. It's Congress’ self-imposed deadline for a stimulus package and the scheduled release of nonfarm payrolls. Based on the...

The U.S. dollar traded lower against all of the major currencies Wednesday, a sign that FX traders are worried about Friday’s nonfarm payrolls report. With ADP (NASDAQ:ADP) reporting...

The U.S. dollar resumed its slide on Tuesday in what may turn out to be a very short-lived recovery. There were no U.S. economic reports on the calendar, but 10-year Treasury yields resumed their...

After falling sharply in the month of July, the U.S. dollar kicked off the new month with a nice broad-based rally. The greenback traded higher against all of the major currencies despite mixed...

It's certainly interesting times for market participants. Multiple, unprecedented phenomena have recently become reality. Consider a few themes: negative or near-zero interest rates;...

July was a very difficult month for the U.S. dollar. The greenback sold off sharply against all of the major currencies, hitting multi-month or multi-year lows in the process. In one month, it...

Currencies and equities traded lower on the back of the biggest quarterly drop in U.S. GDP ever. The U.S. economy contracted 32.9% on an annualized basis in the second quarter. Americans have never...

For the past week, investors have been selling U.S. dollars and, unfortunately, today at the July Federal Reserve monetary policy announcement, Jerome Powell’s team failed to shift the...

This will be a challenging week for the U.S. dollar. On Friday, I outlined three reasons why the U.S. dollar should continue to fall. And as markets reopened Monday, investors did not hesitate to...

The Australian dollar has flown to a 15-month high, thanks to a number of factors that have created a powerful tailwind. First, is the risk-on trade that has brought global equities to the levels...

It has been a rough week for the U.S. dollar. The greenback traded lower against all of the major currencies, falling to multi-month and, in some cases, multi-year lows in the process. USD/JPY,...

This article was written exclusively for Investing.comThe US dollar index has been falling consistently since peaking in March, as investors started piling into currencies where the central bank...

The euro is single-handedly the best performing currency right now. It has gone from 1.12 to 1.16 over the past month and today’s rally marks nine out of 10 days of gains for...

Uncertainty about what happens to the U.S. economy after the extra $600 unemployment benefit expires drove investors out of U.S. dollars. The greenback traded lower against all of the major...