Currency Forecast

The FX markets should come to life as we head deeper into the week, with lots of market-moving data to come. Among the majors, the USD/CAD particularly faces a busy week, with plenty of market-moving...

The Dollar Index retreats as market attention shifts to job data and Fed President Powell's remarks, impacting its trajectory. The EUR/USD pair faces a crucial juncture after Euro-zone inflation...

The RBNZ changed its tone only moderately, keeping the threat of another hike on. However, NZD fell and AUD also declined after lower-than-expected CPI. We think Australia and New Zealand have...

January CPI data in Japan confirmed inflation remains above the Bank of Japan's 2.0% target. The yen “survived” the release, but remains around very weak levels and in FX intervention...

The US dollar index stabilized around 103.8 in the latter part of February, supported by strong January inflation data and the market's reluctance to anticipate interest rate cuts by the Federal...

We expect an above-consensus 0.4% core PCE read on Thursday, which should support the dollar this week. Eurozone inflation numbers will also be in focus. We expect a decline in the core rate below...

In a quiet week for the US events calendar, last night's release of the January FOMC meeting minutes served as a reminder that the Fed is in no rush to cut rates. That was not much of a surprise to...

Some unfamiliar strength in Chinese equity markets is providing a little strength to non-dollar currencies. And the FX options market hints that investors may not be that pessimistic on EUR/USD after...

There could be trading opportunities in key currency pairs like the EUR/USD, USD/JPY, and GBP/USD in the coming weeks. EUR/USD has bounced off key support amid renewed buying interest as GBP/USD...

The ingredients for more rangebound trading are all there, especially given an uninspiring US data calendar and no impact of Chinese news. However, the ECB’s negotiated wage growth indicator is...

The US dollar's 2024 uptrend, initially fueled by higher-than-expected CPI and PPI data, has hit a snag with the market revising down expectations for interest rate cuts. Despite initial optimism, the...

US dollar retreats as risk appetite improves, but bullish trend persists amid Fed's hawkish stance. Attention turns to upcoming economic data, with retail sales, jobless claims, and sentiment...

Yesterday's strong US January CPI release clearly does not provide the Fed with the confidence it needs to start cutting rates. Instead of powering the next leg of the risk rally, the CPI data has...

In this video, I walk you through my EASY 10-minute fundamental analysis routine to get you prepared for your trading day