Currency Forecast

Between hawkish FOMC minutes, a strong ADP report and a surge in Treasury yields, the U.S. dollar should be stronger. However, in the last 48 hours, the greenback pulled back against the Japanese...

The dollar-yen pair gained 0.6% on Tuesday, a five day winning streak that has taken it to the 116.00 level, for the first time since Jan. 6, 2017.The US dollar's strength versus the Japanese yen...

Dollar bulls came charging out of the gate on the first day of the 2022 trade. The greenback moved sharply higher against all of the major currencies, with USD/JPY closing in on a 4-year-high....

The dollar rose on Monday, up as much as 0.25% at time of writing, though it has been fluctuating. It's currently trading at 96.220.Just under 8,000 flights were cancelled globally over the Christmas...

The pound sterling rose on Tuesday, in line with other risk assets, as sentiment recovered from the Omicron-induced selloff that's weighed on markets since last week. The British currency was up as...

The rally in currencies and equities continued Thursday, with the U.S. dollar extending lower. All of the major economic events this year are now behind us, clearing the way for a Santa Claus...

Currencies and equities have been consolidating ahead of Wednesday’s Federal Reserve monetary policy announcement. It is the most critical event risk of the week and the most likely catalyst for...

Buckle your seatbelts and brace for some big moves in the markets this week. Everything from equities, currencies to Treasuries and crypto have been itching for breakouts. With five major central...

The U.S. dollar traded higher against all of the major currencies Thursday with the exception of the Japanese yen. The Federal Reserve meets next week and faster removal of policy accommodation is...

There is a very clear quadruple top pattern in USD/CAD from 1.2850. Investors have been snapping up Canadian dollars ahead of Wednesday’s monetary policy announcement. The Bank of...

The US dollar rallied on Monday against some but not all of the major currencies.  Our readers should not find the rally in USD/JPY or decline in EUR/USD surprising because we talked about...

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...