Currency Forecast

GBP/USD falls despite stronger-than-expected UK growth data Overall trend still somewhat positive for cable  Most of the bad news already in price The GBP/USD extended its declines for the...

Falling oil prices and bond yields is good news for yen Dollar weighed down by concerns about US economy, peak inflation Cracks starting to appear in USD/JPY charts The USD/JPY will be in sharp focus...

The Swiss franc has gained against the dollar for the past three months, the longest stretch since 2020.The rally began in May as spiking volatility in global financial markets sent investors into...

EUR/USD pauses at parity Potential for short squeeze rally Will ECB deliver a surprise 50bps hike?  The EUR/USD has been in focus this week as it descended towards parity before breaking it and...

The Bank of Canada shocked investors Wednesday, raising interest rates by 100bp, the largest single-month increase for the central bank in 24 years. Going into the meeting, investors anticipated a big...

The global tightening cycle continues in the next 24 hours with two central banks prepared to raise interest rates. In the Asia session, the Reserve Bank of New Zealand is widely expected 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...

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...

The rising U.S. dollar has eased a bit today as bargain hunters seem to be returning to risk assets. US index futures contracts on Tuesday were all trading higher after Monday's tumble.The USD has...

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...

The U.S. dollar climbed to its highest level against the Japanese yen in more than 2 decades.The European Central Bank has a monetary policy announcement in less than 24 hours. Still, halfway through...