Currency Forecast

The UK economy rebounded in the past couple of years, as the services sector hit a 16-month high and retail sales remained strong. However, rising inflation, with no concomitant increase in wages, is...

The dollar index is advancing for the third straight day, ahead of today's ADP nonfarm payroll report and the ISM non-manufacturing PMI release as well as Friday's nonfarm payrolls. While traders may...

The U.S. dollar has been attracting a lot of attention for a while now, especially given its continued rise, even after the Fed reversed its policy in July. That was when the U.S. central bank cut...

Last week the charts were indicating that the U.S. dollar was reaching a critical price level. And right now it is retesting that level — the December lows. The dollar is subject to multiple...

Historically, the yen climbs during January as Japanese investors repatriate the currency and adjust portfolios, increasing yen demand. At the same time, other non-American investors do the same,...

The dollar-yen pair is struggling to maintain an advance, the fifth day out of six. And going forward, the horizon becomes less clear for the yen; this is apparent both in the fundamentals, that are...

Like an idle employee who doesn't want colleagues to know they're hardly working, the Federal Reserve yesterday used all its usual buzzwords about keeping its finger on the economy’s pulse. For...

Mexico's peso is strengthening for the sixth straight day, on the promise of a signed, trilateral trade agreement between the United States, Canada and Mexico. This would replace NAFTA, the North...

The pound is aiming higher as confidence rises that Prime Minister Boris Johnson's Conservative Party will win the UK's election next week. Indeed, sterling has reached the highest since May 5 against...

The euro is higher on dollar weakness after U.S. factories extended their contraction. However, political uncertainty in Germany and a burgeoning European trade war with the U.S. is weighing on the...

The yen is falling for the seventh straight day and the USD/JPY pair is now threatening to break out of a bearish pattern — driven by a combination of events, geopolitical and economic.One key...

The USD/CNY seems set to add another leg to its rally as the U.S. and China agree to continue phase one talks, according to Xinhua, the country’s official state-run press agency. Financial...

The Chinese yuan is slated to resume its earlier decline as U.S. President Donald Trump prepares to sign the Senate's bill supporting the Hong Kong protesters. After a year and a half of wrangling...

Trade tensions are putting investors on the defensive, and the yen is geared up for another leg in last week’s rally.Markets appear paralyzed as investors seek a reliable view on whether there...