Currency Forecast

There’s still a high level of anxiety in the financial markets as shown by the moves in currencies and equities. High beta currencies such as the euro, sterling and the Canadian dollar sold off,...

“A dollar crash is virtually inevitable,” according to Stephen Roach, a Yale University Senior Fellow.An exceptionally low domestic savings rate and a chronic current account shortfall are...

The third week of June kicked off with fresh losses for currencies and equities. There’s nothing more concerning to world leaders, investors and everyone for that matter than a second...

The British economy shrank by 20.4% in April – the worst monthly contraction on record – an inevitable outcome that affected all areas of activity, after a full month in lockdown because...

Currencies and equities ended on a high note Friday, rebounding after extensive losses mid-week. There was no specific catalyst, but Thursday was the worse day for stocks since March, so a relief...

U.S. stocks sold off for the third day in a row, and today’s losses were the sharpest. The Dow Jones Industrial Average tumbled 6.9%, or 1,800 points, the biggest one-day drop in three...

The US dollar retains its hold on the position of global reserve currency for two reasons. For starters, the United States is considered the most financially stable country in the world, thanks...

The U.S. dollar traded lower against all of the European currencies on Tuesday ahead of the Federal Reserve’s monetary policy announcement. Investors took profits on risk trades as the Dow...

Currencies and equities traded sharply higher Friday following shockingly strong U.S. and Canadian labor market numbers. Instead of losing another 7.5 million jobs in the month of May, U.S....

Euro rallied higher against the U.S. dollar for the eighth-consecutive trading day, marking the longest stretch of gains for the currency pair since April 2011. The European Central Bank was widely...

The European Central Bank is widely expected to increase monetary stimulus on Thursday. They would be the only major central bank to ease this week and one of the few to boost accommodation this...

The persistent rally in equities reflects a general sense of optimism in the financial markets that is at odds with the anger and protests in major cities across the globe. USD/JPY broke above 108 at...

The first day of June kicked off with broad-based U.S. dollar weakness. The greenback traded lower against all of the major currencies as equities moved higher. Americans are growing increasingly...

The Australian dollar has moved higher for a third consecutive week. The AUD/USD pair is also advancing for the 8th out of 9 weeks.While the coronavirus pandemic ended a three-decade long, economic...