Currency Forecast

The British economy shrank by 20.4% in April – the worst monthly contraction on record – an inevitable outcome that affected all areas of activity, after a full month in lockdown because...

Currencies and equities ended on a high note Friday, rebounding after extensive losses mid-week. There was no specific catalyst, but Thursday was the worse day for stocks since March, so a relief...

U.S. stocks sold off for the third day in a row, and today’s losses were the sharpest. The Dow Jones Industrial Average tumbled 6.9%, or 1,800 points, the biggest one-day drop in three...

Investors drove U.S. dollars to fresh lows after the Federal Reserve made it clear that zero interest rates are here to stay, at least for the next year and a half. According to the updated dot...

The US dollar retains its hold on the position of global reserve currency for two reasons. For starters, the United States is considered the most financially stable country in the world, thanks...

The U.S. dollar traded lower against all of the European currencies on Tuesday ahead of the Federal Reserve’s monetary policy announcement. Investors took profits on risk trades as the Dow...

Currencies and equities traded sharply higher Friday following shockingly strong U.S. and Canadian labor market numbers. Instead of losing another 7.5 million jobs in the month of May, U.S....

Euro rallied higher against the U.S. dollar for the eighth-consecutive trading day, marking the longest stretch of gains for the currency pair since April 2011. The European Central Bank was widely...

The persistent rally in equities reflects a general sense of optimism in the financial markets that is at odds with the anger and protests in major cities across the globe. USD/JPY broke above 108 at...

The first day of June kicked off with broad-based U.S. dollar weakness. The greenback traded lower against all of the major currencies as equities moved higher. Americans are growing increasingly...

The Australian dollar has moved higher for a third consecutive week. The AUD/USD pair is also advancing for the 8th out of 9 weeks.While the coronavirus pandemic ended a three-decade long, economic...

All week U.S. President Donald Trump teased the market with the possibility of big changes in the relationship between the U.S. and Hong Kong/China, but to everyone’s relief, his press...

U.S. equities extended their gains Thursday on the back of better-than-expected economic data. Durable goods fell less than anticipated, jobless claims hovered around 2 million and the market largely...

The US dollar eased this morning, after yesterday whipsawing wildly between 0.3% gains and losses but closing only 0.1% lower. A key conflict FX traders are facing with regard to the USD: they must...