Currencies and Forex Analysis & Opinion

Recent weakness in the US dollar has helped to propel commodities such as gold and silver higher.Today’s analysis shows a potential repeating pattern that could mean significantly more weakness...

After peaking in 2022, the US Dollar Index has spent nearly a year in decline.But it may be set to fall even further. And any further weakness in King Dollar will be bullish for precious...

U.K. inflation is highest among G7 countries and inflation in Eurozone is expected to stay elevated until 2025 This is set to ensure a hawkish policy until inflation is under control Meanwhile,...

Another day brings another set of data to support further Fed tightening. That should be the main story with the release of US personal income data and the core PCE deflator for May. Barring a data...

The debate around Central Bank Digital Currencies (CBDCs) has been gaining momentum following the adoption of decentralized digital assets, such as Bitcoin, in recent years. According to the latest...

The GBP/USD has found a new breath in recent days as the currency dominates the FX space heading into the Bank of England (BOE) meeting this Thursday. GBP/USD is hovering around a 14-month high, just...

Fed may pause interest rate hike cycle at Wednesday meeting Meanwhile, ECB could hike with 2008 peak in question EUR/USD could move up following expected decisions by both banks The releases of US and...

Over the last month, CAD has been flat. Year-to-date, the loonie is down roughly 0.9%.   This is partly due to softness in oil prices. In April, core inflation slowed to 4.1% from 4.3%. Headline,...

The US dollar is likely too entrenched to be seriously evicted from GRC status.The de-dollarization threat looms as the Chinese yuan assumes a more active role in international payments and as the...

When the U.S. Dollar broke out to new highs last year, it looked like nothing could stop the greenback. And the headwind of a strengthening dollar made it difficult for precious metals like gold...

USD: Be careful chasing the dollar reboundThe release of quarterly earnings in the US continues to paint a better picture for American corporates, with big tech companies beating estimates yesterday....

As key central bank meetings draw closer, markets appear to favor European currencies to the detriment of the dollar, whose rate advantage is being eroded. The two-year EUR-USD swap rate differential...

Brazilian President Lula recently asked the following questions:‘’Every night I ask myself why should every country have to be tied to the US Dollar for...

The Hungarian forint sold off 2% yesterday after a local central banker surprised markets by suggesting Hungary could make preparations to start easing interest rates. Central banks in Eastern Europe...