Currency Forecast

The US dollar has continued its decline, reaching a two-month low at 103.6, driven by expectations of a Fed pause in rate hikes and potential future cuts. DXY faces technical challenges as it...

The dollar has entered a consolidative phase, but yesterday’s price action gave us a glimpse of what could be more regular price action next year. EUR/USD got a brief lift yesterday from the...

The dollar continues to claw back some of Tuesday's losses after US October retail sales suggested that the consumer is still spending. Also helping has been the Senate's support of a stop-gap funding...

A couple of weeks ago, we highlighted the US Dollar as an asset ready for a big move.King Dollar was trading sideways and at important price resistance, so something had to give. Today, we...

The dollar plummeted yesterday after a softer-than-expected US CPI reading. But we still think a turn in activity data - more than the disinflation story - is needed to take the dollar sustainably...

The dollar risks another correction event today as inflation may slow a bit more than expected, even though core stickiness should prevent a major repricing of rate expectations. EUR/USD might also...

The dollar starts the week quietly and is holding onto gains made after Fed Chair Jay Powell served up a reminder that the hiking cycle is still live. For this week, the FX market will be focusing on...

The data calendar remains quiet across developed markets, but we are hearing more from central bankers. Fed speakers have delivered hawkish comments, emphasizing the fight against inflation and...

November and December are normally soft months for the dollar. This year, however, the tailwind from strong US growth and hawkish Fed policy should keep the dollar bid through to year-endFed-Driven...

The US Dollar rally has taken a breather, with the King of the currency world trading sideways for the past several weeks.But there is a reason for this pause, as you can see in today’s...

It seems investors are starting to think that the Fed is done with rate hikes and are now starting to reduce underweight positions in risk assets, including emerging market currencies. This is dollar...

GBP/USD finds mild support from hawkish BoE US NFP in focus next after Fed’s hawkish pause UK GDP among next week’s key data highlights Ahead of the Bank of England’s rate decision,...

Recent market focus has shifted from geopolitical issues to economic data The US dollar declined slightly following Fed's decision to leave interest rates unchanged Meanwhile, the EUR/USD has...

Even though it was a hawkish hold, the Fed's decision to leave rates unchanged for a second meeting in a row has seen interest rate volatility drop and high-yielding currencies start to perform well...