Currency Forecast

The US dollar traded sharply higher against all of the major currencies on Monday after Pfizer (NYSE:PFE) said their COVID-19 vaccine is 90% effective in preventing the virus. While Pfizer’s...

November kicks off with one of the most closely watched elections in US history, widespread COVID-19 lockdowns in Europe, three central bank monetary policy announcements and labor market reports from...

Most of the major currencies traded lower against the U.S. dollar Friday as the Dow Jones Industrial Average tumbled more than 300 points. At one stage, stocks were down over 500 points but came off...

The European Central Bank left monetary policy unchanged today, but the euro sold off aggressively after President Christine Lagarde confirmed that more easing is on its way. The central bank is...

Currencies and equities traded sharply lower on Wednesday, as the Dow Jones Industrial Average tumbled more than 900 points. At the start of the week, we warned that panic selling can lead to...

The mood is shifting in the financial markets. With eight days until the U.S. Presidential election, investors are finally growing nervous. The Dow Jones Industrial Average fell more than...

In terms of economic data, Friday is the most important day this week. Markit Economics will be releasing PMI numbers for Australia, the Eurozone, UK and the U.S. These are important reports because...

With 13 days until the U.S. presidential election, it is no surprise to see investors selling U.S. dollars. President Donald Trump and Democratic presidential nominee Joe Biden are locked in a tight...

The U.S. dollar traded higher against most of the major currencies on Friday thanks to better than expected economic data. Consumer spending rose 1.9% last month, more than two times the...

The U.S. Presidential Election is three weeks away and investors are finally beginning to feel the jitters. Stocks sold off for the second day in a row, driving currencies lower in the process. This...

There's escalating bad blood between Australia and China—which began after the coronavirus outbreak in Wuhan, the capital of China's Hubei provence, started its global spread—as an ongoing...

The euro finally broke down on Tuesday as it experienced its strongest one-day slide in three weeks against the U.S. dollar. We have been calling for a sell-off for days now as the rise in new...

The most important drivers of forex flows this week will be stimulus talks, Brexit negotiations and new virus restrictions in Europe and Asia. Based on the continued gains in US stocks, equity...

With three weeks left ahead of the US election in November, analysts at Goldman Sachs, UBS Asset Management, and Invesco are all forecasting a lower US dollar. The reason? Rising favorability polling...