Currency Forecast

The U.S. jobs report was a major disappointment and the U.S. dollar fell sharply against all of the major currencies in response as 10-year Treasury yields slipped nearly 4%. It turns out, the decline...

The U.S. dollar traded sharply higher against all of the major currencies on Thursday, with USD/JPY closing above 110 for the first time since April – a sign that investors are positioning for a...

The dollar climbed for the second day after Philadelphia Fed President Patrick Harker said yesterday that his central bank should begin discussing the time frame for paring back its bond-buying...

This is a big week for currencies, but so far, we’ve seen nothing but consolidation. In today’s trade, the greenback strengthened against the New Zealand dollar and Swiss Franc,...

Turkey’s economy grew 7% in the first quarter, outperforming most G20 peers. However, when factoring in the exchange rate, the data tells a different story.The country’s GDP per capita in...

Tonight’s Reserve Bank of New Zealand monetary policy announcement is one of this week’s most important events. Next to the Bank of Canada, which tapered asset purchases last...

The U.S. dollar staged an end of week rally following unconvincing global data. On Thursday we had suggested that if upcoming economic reports reinforced the prospects of a stronger global recovery,...

This article was written exclusively for Investing.comThe reflation trade continues to remain the dominant theme in the markets. Investors have repeatedly shrugged off inflation and valuation...

Weaker U.S. data is finally catching up to the U.S. dollar. The greenback traded lower against all of the major currencies on Tuesday following softer housing data. Building permits grew 0.3% in the...

For the past few weeks investors have been focused on the U.S. recovery and its impact on the U.S. dollar. They were sorely disappointed when nonfarm payrolls and retail sales came out well under...

Forex traders were unfazed by weak data on Friday as currencies and equities extending their recoveries. Consumer spending stagnated in the month of April after soaring in March. Excluding the costs...

This article was written exclusively for Investing.comIt has been a volatile week as a bigger-than-expected jump in US CPI raised tightening concerns mid-week. But as we start the last day of the...

Stocks rebounded sharply Thursday, but the muted price action in currencies suggest that FX traders are not convinced the selling is over. The U.S. dollar gave back a small portion of...

The U.S. dollar soared on Wednesday on reports that consumer prices rose at their fastest pace since 2008. Federal Reserve Chairman Jerome Powell warned about a temporary rise in prices, but no one...