Currency Forecast

As the second quarter draws to a close, we reflect on the gains in equities and currencies. While the COVID-19 pandemic scarred the markets at the end of the first quarter, recovery was the...

When the COVID-19 pandemic began, we all knew that strict lockdown measures in the U.S. and other parts of the world would put major strain on global economic activity. Economic data hit recessionary...

Equities consolidated on Thursday as the deluge of negative COVID-19 headlines were overshadowed by reports that U.S. regulators will relax the Volcker Rule and allow banks to increase investments...

In the last 24 hours, U.S. President Donald Trump and White House officials have been out in force, aggressively trying to talk up the markets. Stocks consolidated near their highs last week and...

The U.S. dollar kicked off this new trading week lower against all of the major currencies. Existing home sales fell more than expected in the month of May with year-over-year sales seeing its...

There’s still a high level of anxiety in the financial markets as shown by the moves in currencies and equities. High beta currencies such as the euro, sterling and the Canadian dollar sold off,...

Currencies and equities ended on a high note Friday, rebounding after extensive losses mid-week. There was no specific catalyst, but Thursday was the worse day for stocks since March, so a relief...

U.S. stocks sold off for the third day in a row, and today’s losses were the sharpest. The Dow Jones Industrial Average tumbled 6.9%, or 1,800 points, the biggest one-day drop in three...

The U.S. dollar traded lower against all of the European currencies on Tuesday ahead of the Federal Reserve’s monetary policy announcement. Investors took profits on risk trades as the Dow...

The U.S. dollar kicked off the second week of June lower against all of the major currencies today. Last week, we had three monetary policy announcements, nonfarm payrolls and Canada’s...

Currencies and equities traded sharply higher Friday following shockingly strong U.S. and Canadian labor market numbers. Instead of losing another 7.5 million jobs in the month of May, U.S....

Euro rallied higher against the U.S. dollar for the eighth-consecutive trading day, marking the longest stretch of gains for the currency pair since April 2011. The European Central Bank was widely...

The European Central Bank is widely expected to increase monetary stimulus on Thursday. They would be the only major central bank to ease this week and one of the few to boost accommodation this...

The persistent rally in equities reflects a general sense of optimism in the financial markets that is at odds with the anger and protests in major cities across the globe. USD/JPY broke above 108 at...