Currency Forecast

GBP Soars On BoE Expectations For Recovery And Inflation BoE Tells Banks To Prepare For Negative Rates But Not Necessary Euro Falls To 2-Month Lows 4 Week Jobless Claims At 2-Month Low...

The dollar rose on Wednesday for the fourth day in five, hitting a more than two-month high.The global reserve currency is rising as part of a “reflation trade.” Reflation occurs when...

The U.S. dollar traded higher against most of the major currencies today on the back of better-than-expected data and an uptick in Treasury yields. Ten-year Treasury yields rose more than 4%, while...

Investors bought U.S. dollars against all of the major currencies on Tuesday. With stocks extending their recovery and Treasury yields ticking up, we saw broad-based demand for U.S. assets. No...

This week should be a wake-up call for all investors. The market disruption caused by retail traders swapping ideas over Reddit and squeezing out major hedge funds is unprecedented, but corrections...

All of the major currencies traded higher on Wednesday on the back of good data and equity market gains. The U.S. economy expanded by 4% in the fourth quarter, but this increase was not enough to...

Except for corrective rallies, we have been consistently bearish on the dollar for about half a year. However, since Sunday we’ve been wondering whether the dollar is consolidating, and possibly...

The Federal Reserve holds its first 2021 FOMC meeting Wednesday and, based on the performance of U.S. assets, investors don’t expect any surprises from the central bank. The rally in stocks and...

The U.S. dollar rallied against all of the major currencies on Friday as stocks descended from their highs. Three days into the new administration and investors are starting to worry about...

It has become abundantly clear over the past year that the market is driven by optimism. The COVID-19 pandemic dealt a major blow to every corner of the world, but rather than worrying about how...

The inauguration of the 46th President of the United States went off without a hitch. Equity and currency traders welcomed the new administration with fresh records for the S&P 500 and...

It’s a big week for the financial markets. The Congressional hearings for Janet Yellen’s confirmation as Treasury secretary began today. (There’s no guidance on how fast the panel...

It may not be long before we see more significant profit-taking in equities and currencies. The signs are there – stocks hover near record highs but are struggling to extend their gains....

The resilience of the euro is remarkable. The single currency ended the day higher against the U.S. dollar and Japanese Yen despite German Chancellor Angela Merkel’s warning that the lockdown...