Currency Forecast

·      Powell Says No Rate Hikes Until Max Employment and 2% Inflation·      Euro ECB President Lagarde Says Inflation Not Meeting...

USD Slides As Stimulus Bets Gain Traction EURO Shrugs Off Weaker German IP New Highs In Stocks Drive AUD, NZD Higher GBP Hovers Near Strongest Level Since May 2018 CAD Holds...

This article was written exclusively for Investing.comThis week’s mostly stronger US macro data has raised expectations that the nonfarm jobs report could beat expectations today. As we will...

This article was written exclusively for Investing.comThe dollar index has been quietly creeping higher in recent weeks. It now may be on the cusp of making a significant jump, based on an analysis of...

GBP Soars On BoE Expectations For Recovery And Inflation BoE Tells Banks To Prepare For Negative Rates But Not Necessary Euro Falls To 2-Month Lows 4 Week Jobless Claims At 2-Month Low...

The dollar rose on Wednesday for the fourth day in five, hitting a more than two-month high.The global reserve currency is rising as part of a “reflation trade.” Reflation occurs when...

Investors bought U.S. dollars against all of the major currencies on Tuesday. With stocks extending their recovery and Treasury yields ticking up, we saw broad-based demand for U.S. assets. No...

Investors kicked off the month of February with renewed optimism as equities and currencies rebounded after last month’s losses. A new month brings new opportunities and that could begin...

All of the major currencies traded higher on Wednesday on the back of good data and equity market gains. The U.S. economy expanded by 4% in the fourth quarter, but this increase was not enough to...

With the Federal Reserve holding its first monetary policy meeting of the year, it would be easy to attribute today’s U.S. dollar rally to the central bank’s comments.However, nothing in...

Except for corrective rallies, we have been consistently bearish on the dollar for about half a year. However, since Sunday we’ve been wondering whether the dollar is consolidating, and possibly...

The Federal Reserve holds its first 2021 FOMC meeting Wednesday and, based on the performance of U.S. assets, investors don’t expect any surprises from the central bank. The rally in stocks and...

Investors around the world will be watching U.S. markets this week. It is the busiest week of the fourth quarter earnings season, the Federal Reserve has a monetary policy announcement and we get...

The U.S. dollar rallied against all of the major currencies on Friday as stocks descended from their highs. Three days into the new administration and investors are starting to worry about...