Currency Forecast

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...

Of the three monetary policy announcements this week, the Bank of Canada’s is the most important. Back in April, the Bank of Canada set the ball rolling by becoming the first major central...

Inflation and GDP reports from the U.S. and Eurozone along with three central bank monetary policy announcements makes for a busy trading week. Big tech names, like Amazon (NASDAQ:AMZN), Apple...

Stronger than expected earnings drove the Dow Jones Industrial Average to record highs. Despite Delta variant fears, rising prices and supply-chain shortage, bulge bracket U.S. companies are thriving....

U.S. stocks extended their gains on Tuesday, and the improvement in risk appetite drove investors out of safe-haven currencies into riskier ones, which explains why the U.S. dollar ended the day lower...

As one of the world's top energy importers, Japan finds itself in a vicious cycle. As energy prices rally, more yen are required to pay for energy imports. Then, as the Japanese currency devalues,...

The euro hit a year-to-date low against the U.S. dollar on Tuesday after quietly trending lower for the past five weeks. Economic performance and monetary policy direction are the two most...

The dollar is on the rise after Friday’s weak US jobs report which traders think will keep the Federal Reserve’s tapering on course. The report showed the smallest increase in employment...

Non-farm payrolls are scheduled for release Friday and investors are looking forward to a strong report. Job growth is expected to top 500,000, with the unemployment rate falling to at least...

October is traditionally a volatile month in the financial markets, and we got a taste of those big swings today with risk appetite reversing suddenly. When U.S. traders arrived at their desks,...

Investors kicked off this busy trading week with concerns about how central bank policy will shift in a broader recovery. The Dow Jones Industrial Average fell more than 300 points and, while these...

Equities and currencies kicked off the fourth quarter with a robust recovery. The Dow Jones Industrial Average rose more than 300 points, while the U.S. dollar sold off across the board as safe-haven...

The US dollar soared yesterday, hitting a one year high. The greenback's rise was powered by two tiggers—rising expectations of a decrease in the Federal Reserve’s bond purchases and fears...