Currency Forecast

The euro has climbed to a four-month high, as traders have banked on a resolution to the stalemate on the EU's proposed recovery fund. It’s interesting to note that European stocks, and indeed...

There was no love for the U.S. dollar this week as daily coronavirus cases climbed to a record high, above 72,000. For the past month, investors have largely ignored the growing health crisis in...

This article was written exclusively for Investing.comAdmittedly, there isn’t an awful lot to look forward to today in terms of economic data, except a few macro pointers from North America....

USD/CAD is unchanged in Friday trade. Currently, the pair is trading at 1.3573, down 0.01% on the day. It’s a quiet day on the fundamental front, so we can expect a subdued day for...

USD/CAD has recorded slight gains on Thursday, after posting strong losses on Wednesday. Currently, the pair is trading quietly at 1.3534, up 0.19% on the day. On the fundamental front, there were...

Corporate earnings, new virus cases and vaccine hopes dominated the headlines today. However, that will change tomorrow with a long list of market-moving economic reports on the calendar. In...

Over the next few months, we expect the Chinese yuan to gain significantly over the dollar.We have been downbeat on the dollar since it May 28, when it completed a bearish pattern. We have since...

Over the past few weeks, the euro has been one of the best performing currencies. It rose to a nearly four-month high versus the U.S. dollar despite weaker-than-expected economic data. Eurozone...

It’s a busy week in the foreign exchange market, and investors are kicking it off with gains for currencies and equities. Even as U.S. states report an alarming number of new cases and the...

The week has started with little fanfare. On the fundamental front, there are no Canadian events. In the U.S., the sole indicator is the Federal budget balance. On Tuesday, the U.S. releases consumer...

Surging U.S. COVID-19 cases finally caught up to the greenback this week. USD/JPY broke support on Friday, with the U.S. dollar trading lower against most of the major currencies. Aside from the...

USD/CAD is showing little movement on Friday, but that has changed early in the North American session, with the release of key events on both sides of the border.In Canada, employment numbers were...

USD/CAD has posted gains in Thursday trade. In the North American session, the pair is trading at 1.3564, up 0.38% on the day.On the release front, Canada Housing Starts improved to 212,000, above...

USD/CAD has posted moderate gains in Wednesday trade. In the North American session, the pair is trading at 1.3550, down 0.40% on the day. On the release front, there are no Canadian events and no...