Currencies and Forex Analysis & Opinion

This morning the UK released a series of economic updates that, in the aggregate given the global financial carnage being generated by the coronavirus pandemic, surprised to the upside. That doesn't...

The US dollar kicked off the new trading week stronger against all of the major currencies. Friday’s Nonfarm Payrolls report showed massive job losses in the month of April but these ugly...

Canada's dollar is considered a petrocurrency. That's because oil is one of the North American nation's top five most valuable exports, so it makes sense that its capital would be affected by both the...

Tomorrow’s U.S. non-farm payrolls report is expected to be the worst ever. Economists believe that more than 21 million jobs were lost in the month of April, which would drive the unemployment...

As we close in on Friday’s non-farm payrolls report, investors are growing nervous. Stocks ended the day in negative territory after rallying more than 100 points. The U.S. dollar...

Investors took the U.S. dollar and U.S. equities higher on Tuesday following better than expected data. Service sector activity contracted at its fastest pace since 2009, but the decline in...

The first day in May kicked off with losses for currencies and equities. The Dow Jones Industrial Average tumbled more than 600 points, while the Australian and New Zealand dollars dropped...

When we look back at April 2020, it could very well be the worst month ever for the global economy. Across the globe, governments took the unprecedented step of ordering their citizens to stay at...

Market Drivers For April 29, 2020 Euro pushes higher All eyes on the Fed Nikkei -0.06% Dax 0.12% UST 10 Year 0.66% Oil $14/bbl Gold $1706/oz BTC/USD $7936 Asia and the EU EU PPI -3.6% North...

The U.S. dollar traded sharply lower ahead of Wednesday’s first-quarter GDP report and Federal Reserve monetary policy announcement. Consumer confidence also fell to its weakest level in four...

This is a big week for the U.S. dollar and euro. There are monetary policy meetings by Federal Reserve and the European Central Bank along with first-quarter GDP numbers scheduled for release. The...

For most of the major currencies, and USD/JPY in particular, consolidation was the primary theme this week. The trading range for USD/JPY was less than 80 pips and, on most days, less than 50....

U.S. dollar bulls relinquished control of the market today. With the exception of the euro and the Swiss Franc, the greenback traded lower against all of the major currencies. More than 4.4...

With the selloff in May Crude Oil WTI futures yesterday, in which price traded as low as -$40.00, traders are asking what that really means as far as the world economy is concerned. As discussed...