Currency Forecast

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...

As we kick off the second week of January, the greenback extended its gains against all of the major currencies. Despite the first month of job losses in April, the uptick in manufacturing and...

The U.S. dollar traded higher against all of the major currencies on Thursday as months of U.S. political uncertainty finally settled. Last night, Joe Biden was certified as the winner of the 2020...

Equities and currencies traded sharply higher on Wednesday, seemingly unfazed by the chaos on Capitol Hill and in some ways, encouraged by the Blue wave. For the first time in 10 years, it appears...

The U.S. dollar traded lower against all of the major currencies on Tuesday. This broad-based decline is a reflection of the market’s concerns about how the U.S. political and economic...

We’ve finally made it to the last week of 2020. A coronavirus vaccine is in the process of being rolled out, a Brexit agreement is in place and U.S. President Donald Trump finally signed...

We feared that there would be year-end profit-taking in currencies this week as the virus mutation and lack of Brexit progress haunts the markets. But so far, we haven’t seen any evidence...

The dollar has been surging today, up almost 1% at time of writing. That's the greenback's biggest daily advance since Mar. 19, when the global reserve currency peaked.The USD has been trading at the...

Risk appetite remains strong, with equities and currencies extending their gains on Thursday. The growing prospect of a stimulus deal in the U.S. and a Brexit agreement in the UK drove investors...

The Federal Reserve’s monetary policy announced failed to stem the U.S. dollar’s slide. The greenback traded lower against most of the major currencies with the only exceptions being...

Currency traders should brace themselves for a very busy 24 hours. The list of market-moving economic reports scheduled for release is long and includes the Federal Reserve’s monetary policy...

We have been bearish on the US dollar for a long time. Now, the USD is gearing up to head lower, to the 90.00 target discussed}} in August.This morning, though equity markets were buoyed by an...

The last full trading week for 2020 will be a busy one. There are four central bank meetings, December PMIs, and employment and consumer spending reports from many countries on the calendar. In...

Currencies were driven lower on Friday on fading hopes for Brexit and U.S. stimulus deals. For most of this year, investors believed that the UK would eventually cave and agree to an orderly exit...