Currencies and Forex Analysis & Opinion

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...

EUR/USD soared to seven-month highs today for the following reasons: 1.    The Fed failed to live up to expectations. It says now is not the time to talk taper2.    German...

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 U.S. dollar performed extremely well in the first quarter of 2021, but the second quarter, so far, has been more challenging. Since the beginning of the month, investors have been selling U.S....

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...

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...

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...

Right now, the US dollar is languishing at a monthly low. That's because yields also fell in the same proportion over the same period.Among other catalysts, the slump also comes courtesy of the...

The U.S. dollar struggled to rally Thursday despite very strong U.S. economic reports. According to the latest releases, the U.S. economy roared back to life in March and early April. Retail...

The biggest news on Tuesday turned out to be concerns about the Johnson & Johnson (NYSE:JNJ) vaccine and not the U.S. inflation report. The country’s two health agencies (FDA and CDC)...

The euro kicked off this busy trading week with modest gains against the US dollar. Despite continued lockdowns in some of the region’s biggest economies, slow vaccine rollout and lower...

As it revelaed in its semi-annual financial stability review last week, The Reserve Bank of Australia is anxious about growing risks to the country’s economy. The central bank maintains that...