Currency Forecast

The race for a COVID-19 vaccine is in high gear and as more companies leap into the effort, the rally in currencies and equities reflect the market’s hope for a medical solution to the worst...

China is once again a hot spot for geopolitical uncertainty and social unrest. This week, China unveiled a plan to take a stronger stance on anti-government protests and dissents in Hong Kong. It...

The U.S. dollar traded higher against all of the major currencies today, but its gains were modest as investors worry about ongoing U.S.-China tensions. The Trump administration approved arms...

The U.S. dollar is trading lower against all of the major currencies this morning. Stocks and 10-year Treasury yields perked up again on the back of strong results from Lowe’s (NYSE:LOW)...

Most of the major currencies powered higher today even though stocks gave up part of Monday’s gains. USD/JPY rose above 108 but ended the New York session closer to 107.75. In fact, early...

Investors have a number of reasons to feel optimistic at the start of this new trading week, and their positive sentiment is reflected in the strong moves in equities and currencies. First and...

The U.S. dollar extended its gains against all of the major currencies this morning. Some market watchers are attributing the dollar’s rise to President Donald Trump’s support for the...

The US dollar traded higher against all of the major currencies on the back of risk aversion and comments from Federal Reserve Chairman Jay Powell yesterday. While his outlook was very cautious,...

Tomorrow’s U.S. non-farm payrolls report is expected to be the worst ever. Economists believe that more than 21 million jobs were lost in the month of April, which would drive the unemployment...

As we close in on Friday’s non-farm payrolls report, investors are growing nervous. Stocks ended the day in negative territory after rallying more than 100 points. The U.S. dollar...

Investors took the U.S. dollar and U.S. equities higher on Tuesday following better than expected data. Service sector activity contracted at its fastest pace since 2009, but the decline in...

This is a busy week for the forex market, and the opportunities begin on Tuesday with the Reserve Bank of Australia’s monetary policy announcement and the United States’ non-manufacturing...

The first day in May kicked off with losses for currencies and equities. The Dow Jones Industrial Average tumbled more than 600 points, while the Australian and New Zealand dollars dropped...

When we look back at April 2020, it could very well be the worst month ever for the global economy. Across the globe, governments took the unprecedented step of ordering their citizens to stay at...