Currency Forecast

Markets may tread carefully today ahead of Monday’s inauguration of President Trump. There are lingering concerns about the “day one” measures, some of which are priced in, which could generate some...

Besides expecting another round of positive US activity data, today’s FX focus will be on the Senate confirmation hearing of Scott Bessent, Trump’s nominee for US Treasury Secretary. He will be...

The US PPI surprised on the soft side, but that does not mean today’s CPI will send similar upbeat signals. We expect a 0.3% MoM core print, which can offer a new round of support to the dollar. In...

The EUR/USD managed to bounce back along with all risk assets after hitting a new multi-year low sub 1.02 handle on Monday. The single currency managed to rise a little further on Tuesday, at the...

Political uncertainty and weak economic data weigh heavily on GBP/USD, as the pair tests critical support levels. Surging UK bond yields and expectations for BoE rate cuts add pressure to the...

The US releases PPI figures for January today, where the core measure is expected to accelerate at an unwelcoming 0.3% MoM. That should cast more doubts about further Fed easing and give the dollar...

Friday's strong US jobs release has provided another leg higher for the US Dollar. It is hard to see the dollar trend changing this week given the prospect of another strong set of US inflation data,...

The British pound tumbled to its lowest level since late 2023 on Thursday as a perfect storm of economic challenges and market skepticism threatens to undermine the UK’s financial stability. The...

The EUR/USD remains under pressure, grappling with a mix of weak Eurozone economic data, China’s economic slowdown, and persistent US Dollar strength. Mid-day trading in London saw the currency pair...

The US dollar is receiving some fresh support from data, particularly from the spike in the ISM services prices paid sub-index in December. Should we see a re-focus of the Fed on inflation concerns,...

Traders should pay close attention as tariffs and trade policies create both risks and opportunities in the forex market. How Tariffs Could Impact Currencies Tariffs are once again dominating...

EUR/USD shows signs of a mild rebound, but the broader downtrend remains intact. Inflation data and Trump’s tariff stance could shift market dynamics this week. Key resistance around 1.0460 will be...

The US dollar is staying a little offered despite Donald Trump rebutting a report that his tariff policies could be more selective. We're also getting closer to some large-scale FX intervention from...

The Dollar Index hovers near key resistance as markets await a pivotal Non-Farm Payrolls report. Hawkish Fed signals and global uncertainty continue to underpin the greenback's strength. Technical...