Currency Forecast

With the EUR/USD now on its sixth consecutive down day and just over 1 cent above the key 1.00 handle, it is clearly one of the important charts to watch today as it gets ever closer to...

The dollar extended a decline from a 20-year high, on lower than anticipated US economic data releases. The greenback slid on Friday after US consumer morale hit an all-time low, as measured by the...

This article was written exclusively for Investng.comFollowing the SNB’s surprise decision to hike rates by 50 basis points on Thursday, the USD/CHF tanked some 360 pips from the high to the...

By raising interest rates 75bp to 1.75% at its June monetary policy meeting, the Federal Reserve is telling us it is willing to risk recession for inflation. Not only did the central bank raise...

Both the U.K. and Eurozone are facing economic challenges, albeit differing ones. However, we expect the euro to outperform the pound sterling.Here are a few fundamentals to consider. First, Brexit...

With the Federal Reserve expected to raise interest rates for the third time this year, the U.S. dollar is hovering near multi-year and, in the case of USD/JPY, multi-decade highs. The greenback...

Friday's US CPI print showed an unexpected YoY jump to 8.6% in May, extending April's 8.3% consumer price inflation rise. The accelerating increase in prices is pushing the Federal Reserve into the...

This article was written exclusively for Investing.comThe EUR/USD will remain in sharp focus with the release of US CPI and the Federal Reserve’s policy decision next week.Is the EUR/USD heading...

On Wednesday, the Reserve Bank of India holds its next policy meeting with an interest rate decision due at 12:30 AM EDT.Though a hike of anywhere between 25 and 50 basis points is anticipated, the...

Less than two weeks ago, we made a call about the US dollar heading into a correction. Now that it's in process, we believe, we're going to say that after the dollar reaches the target we suggested,...

Earlier this month, after US President Joseph Biden indicated he was reviewing the rollback of Trump-era China tariffs, market sentiment flipped back to risk-on, at least intermittently. Investors...

After a three-day selloff, the euro is extending its rebound to a second day. However, before traders conclude the single currency is bottoming, they should look at the following chart. The current...

This article was written exclusively for Investing.comFollowing a sharp two-week drop, there are good technical and fundamental reasons why the GBP/USD could at least stage a decent recovery from...

Yesterday's chart of the day examined the potential pricing changes Russia's suspension of natural gas deliveries to Poland and Bulgaria may have unless they pay for the energy commodity in rubles....