Currencies and Forex Analysis & Opinion

Non-farm payrolls are due for release on Friday, and the U.S. economy is expected to add nearly 1 million jobs. If the NFP numbers rise by 978,000, the current consensus forecast, it would be the...

Next to Friday’s non-farm payrolls report, tomorrow’s Bank of England monetary policy announcement is the second most important event of the week. Like the Reserve Bank of Australia, the...

The U.S. dollar kicked off the first trading day of May with broad-based losses. On Friday, U.S. non-farm payrolls are due for release, and with the labor department expected to report a...

Month end flows drove the U.S. dollar higher against all of the major currencies on Friday. The month of April was a challenging one for the greenback. The Dollar Index dropped from 93.30 to...

This article was written exclusively for Investing.comFollowing its big recovery in 2020, GBP/USD has started to look bullish again after a period of consolidation. Is the cable finally ready to clear...

The three most important event risks on this week’s calendar are FOMC, U.S. first quarter GDP and Eurozone first quarter GDP. On Wednesday, we learned that while the Federal Reserve is...

After selling off throughout the month of April, the greenback finally rebounded on the eve of the Federal Reserve’s monetary policy announcement. The U.S. economy is running hot ahead of the...

Unlike the US Federal Reserve, which has been going out of its way to assure investors it won't be raising rates anytime soon, Russia’s central bank hiked interest rates on Apr. 23, for the...

The euro traded sharply lower against the U.S. dollar after the European Central Bank’s monetary policy announcement. On a technical basis, EUR/USD rejected the 100-day SMA, an important...

Thursday’s European Central Bank monetary policy announcement is one of the most important event risks this week. With a seven-week gap between tomorrow’s meeting and the next, the...

The greenback is back in the game again! Since the end of February, the US dollar has been gaining against a basket of major currencies, like the euro, British pound and Japanese yen. As of March 9,...

Tomorrow’s Bank of Canada monetary policy announcement is a tricky one. On one hand, economic data has been very good. Job growth is strong, consumer spending is improving, the housing...

The Canadian dollar continues to drift this week. In the Tuesday session, USD/CAD is trading at 1.2532, down 0.02% on the day.Will BoC Hit The Taper Button? All eyes will be on the Bank of Canada...

All of the major currencies traded higher on Monday as investors continued to drive the U.S. dollar lower. When a rise in Treasury yields, sell-off in U.S. stocks, strong payrolls and retail...