Currency Forecast

This is a busy week for the financial markets. There are three central bank monetary policy announcements, along with inflation, employment and consumer spending numbers scheduled for release from all...

There appears to be a perfect storm of events setting up to pressure the Australian dolllar lower.After the US Federal Reserve surprised markets in mid-June by moving up its timeline for...

Ask anyone and they will agree that economic activity in the U.S. is picking up, with businesses enjoying a much-needed post-pandemic recovery. The airports were packed when I travelled to and...

The June FOMC minutes confirm that the Federal Reserve is edging closer to tapering asset purchases. According to today’s release, “various participants mentioned that they expected...

The June FOMC meeting minutes is one of this week’s key event risks. The Federal Reserve grew less dovish last month by opening the door to the discussion of reducing asset purchases, but...

As we write this, WTI is trading above $75 for the fourth straight day. In fact, it’s more than halfway toward $77, its highest level since Nov. 12, 2014. The breakdown of production limit talks...

Today, June 24, marks five years since the surprise results of the UK's Brexit referendum were released—shocking the world. When the completely unexpected 'Leave' majority was announced, the...

The U.S. dollar rose to its strongest level against the Japanese Yen in 15 months. Equities and currencies benefitted from Federal Reserve Chairman Jerome Powell’s reassurance that 1970s rapid...

Investors continued to buy U.S. dollars on Thursday despite weaker-than-expected Philadelphia Fed manufacturing index and jobless claims. Market participants are convinced that these disappointments...

If the words 'hawkish' and 'Fed' seem like an incongruous pairing, check out yesterday's FOMC statement. It appears the US central bank has had a change of heart after months of insisting...

Investors drove the U.S. dollar sharply higher on Wednesday after the Federal Reserve signalled an earlier interest rate hike. Thirteen out of 18 policy-makers now see as many as two rate hikes...

The outcome of Wednesday’s Federal Reserve monetary policy announcement could set the stage for how the U.S. dollar and currencies trade over the next month. With that in mind, the...

Treasury yields traded sharply higher on Monday ahead of the Federal Reserve’s monetary policy announcement. The 2.7% rally in 10-year yields and decline in the Dow Jones Industrial Average...

There were no fireworks for the U.S. dollar today despite the biggest jump in U.S. inflation since August 2008. Normally, the greenback would spike on a sharp rise in consumer prices, but it...