Currencies and Forex Analysis & Opinion

The new trading week kicked off with an aggressive sell-off in crude and renewed gains for the U.S. dollar. The primary focus today was the Canadian dollar, which sold off aggressively on the...

If there’s one thing that’s certain in forex, it is that the U.S. dollar is king. The greenback traded higher against most of the major currencies despite another round of worrisome...

Wednesday’s U.S. economic reports were terrible. Retail sales fell 8.7%, the largest one-month decline ever. The Empire state manufacturing survey also hit a record low of -78.2, but,...

Last week, after several inter-meeting interest rate cuts by the Reserve Bank of Australia, the RBA left rates unchanged at 0.25% at its regularly scheduled meeting and said it will do nothing until...

Investors sold U.S. dollars on Tuesday ahead of two very important economic releases – retail sales and the Beige Book. The overriding view is that nothing good will come out of these...

Tomorrow, much of the world is on holiday, celebrating Good Friday. Many stock and bond markets around the world will be closed, such as the U.S., UK, Germany, France, Spain, Italy, Australia, and...

Overview: Three deals need to be struck. First, the Eurogroup of finance ministers needs to reach an agreement of proposals for joint action to the heads of state. Second, oil producers need to cut...

Thursday could be an extremely volatile day for the USD/CAD. Tomorrow, Canada releases the Employment Change for March, which is expected to be -350,000 versus +30,300 in February. As with the U.S....

Early signs of COVID-19 curve flattening in Europe and the U.S. kicked off with a relief rally in currencies and equities this morning. USD/JPY jumped above 109 as AUD/USD and NZD/USD rose nearly 2%....

It has been another good week for the U.S. dollar. The greenback traded higher against all of the major currencies on Friday despite abysmal non-farm payroll numbers. According to the latest...

The U.S. economy is in trouble and nothing shows that more than today’s jobless claims report. More than 6.6 million people filed for unemployment benefits last week, doubling expectations....

If the first day of April is a taste of what’s to come, it will be a very rocky second quarter. After falling more than 24% between January and March, the Dow Jones Industrial Average opened...

The global crisis over the coronavirus pandemic has provoked significant demand for the U.S. dollar as investors worldwide massively unwound risk positions in favor of safe havens — chiefly...

The first quarter of 2020 was the worst first quarter in the 135-year history of the Dow and is finally over. COVID-19 reared its ugly head in the last three months, hitting China first and then...