Currencies and Forex Analysis & Opinion

Thursday’s European Central Bank monetary policy announcement is the most important event risk this week. The ECB is widely expected to ease monetary policy, making it one of the few...

For the past few weeks, anti-dollar flows have been the driving force for currencies. The sell-off in the U.S. dollar drove euro, sterling, Swiss Franc, Australian, New Zealand and Canadian...

The pound sterling plunged 1.3% at 5 AM EST Monday, wiping out the gains it took 12 sessions to muster. This is the British currency's worst tumble in nearly three months, since the 1.5% drop on Sept....

One of the most important pieces of data this week was November nonfarm payrolls. The softer release should have sent the U.S. dollar tumbling lower but instead the greenback ended the day sharply...

This article was written exclusively for Investing.comThe US dollar will be tested again today with the release of US nonfarm payrolls report and the USD/CAD will be among the most interesting dollar...

Against all odds, the euro climbed to its strongest level versus the U.S. dollar in more than two years. Not only was the single currency the day’s best performer, but it surged well above 1.20,...

The article was written exclusively for Investing.comThe GBP/CHF might not be everyone’s cup of tea, but THIS cup and handle formation certainly makes it a market for bullish speculators to...

Traditionally, investors expect the financial markets to be quiet and consolidative during shortened trading weeks. There’s usually less participation and less liquidity as investors square...

The US dollar extended its slide against all of the major currencies on Friday despite the recovery in stocks. As we’ve often said, currency traders are generally more cautious than...

This article was written exclusively for Investing.comThis week’s star performer in FX, the Turkish lira, continued to push higher on Friday, as it extended its gains to more than 10% against...

Pharmaceutical companies are making meaningful progress towards developing a successful vaccine but according to the markets, its just not fast enough. If we are lucky, a vaccine will be...

The US dollar traded sharply higher against all of the major currencies on Monday after Pfizer (NYSE:PFE) said their COVID-19 vaccine is 90% effective in preventing the virus. While Pfizer’s...

Election day is finally here and the level of anxiety in America is through the roof. The polls show Joe Biden in the lead but in key battleground states, the spread is less than 1.5 points...

November kicks off with one of the most closely watched elections in US history, widespread COVID-19 lockdowns in Europe, three central bank monetary policy announcements and labor market reports from...