Currencies and Forex Analysis & Opinion

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...

Dow futures are down 500 points this morning and the sell-off is accompanied by fresh gains for the U.S. dollar. The greenback kicks off the New York session stronger against all of the major...

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...

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...

There’s a lot to talk about today. Equities traded sharply higher on the back of another big announcement from the Fed. The greenback traded lower in response against all of the major...

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....

Equities and currencies traded higher today after Dr. Anthony Fauci, director of U.S. National Institute of Allergy and Infectious Diseases, said there could be a COVID-19 turnaround next...

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...