Currency Forecast

Job growth in the U.S. slowed significantly last month, with non-farm payrolls rising by only 210,000 in November, down from 546,000 in October. This was less than half of the 550,000 consensus...

This article was written exclusively for Investing.comThe FX markets have been fairly quiet given how volatile the equity markets have been. As another week draws to a close there is still a lot of...

Health experts around the world are worried about Omicron, but investors are not – at least that’s what the 2% rally in stocks and rebound in the U.S. dollar suggests.  Everyone...

Currencies and equities sold off sharply today after Federal Reserve Chairman Jerome Powell said: “It is time to retire the word transitory regarding inflation.” Investors bid up the...

The U.S. dollar soared against all of the major currencies after President Joe Biden officially renominated Jerome Powell as Federal Reserve chairman. Dr. Lael Brainard, the only other realistic...

Investors bought U.S. dollars after retail sales rose for the third month in a row. The increase in demand was widely anticipated, but the increase in overall spending along with spending...

One of the most important things that recent currency movements have confirmed is that fundamentals matter. The euro dropped to its weakest level since June 2020 because the European Central Bank is...

Consumer spending expanded by a mere 1.6% for the last quarter, a severe fall-off from the 12% growth in the second quarter. Since consumer spending makes up 69% of the $23.2 trillion US economy, this...

Risk appetite soured today as the Dow Jones Industrial Average closed lower for the first time in nine trading days. The simultaneous decline in currencies and Treasury yields confirms our view that...

The Federal Reserve has made it official. Starting later this month, it will reduce its monthly bond purchases by $15 billion ($10 billion Treasuries, $5 billion mortgage-backed securities). By...

For the first time since the pandemic began, the Federal Reserve will reduce the stimulus it has been providing. Given the significance of this move and what it means for the central bank’s...

Earlier this morning, the Japanese yen lost 0.2% against the dollar after the surprise results of the Asian country's parliamentary election, held on Sunday, showed that Prime Minister Fumio Kishida...

EUR/USD logged its best day in five months as U.S. GDP overshadowed the European Central Bank’s monetary policy announcement. According to the latest report, the U.S. economy grew by only 2% in...

Buckle your seat belts because the next 24 hours will be busy for the foreign exchange market.  There are two monetary policy announcements, German labor market and inflation numbers...