Currency Forecast

This article was written exclusively for Investing.comThis week’s mostly stronger US macro data has raised expectations that the nonfarm jobs report could beat expectations today. As we will...

This article was written exclusively for Investing.comThe dollar index has been quietly creeping higher in recent weeks. It now may be on the cusp of making a significant jump, based on an analysis of...

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...

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...

With the Federal Reserve holding its first monetary policy meeting of the year, it would be easy to attribute today’s U.S. dollar rally to the central bank’s comments.However, nothing in...

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...

Investors around the world will be watching U.S. markets this week. It is the busiest week of the fourth quarter earnings season, the Federal Reserve has a monetary policy announcement and we get...

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...