Currency Forecast

The GBP/USD edged higher in reaction to the firmer wages and jobs data from the UK earlier this morning, ahead of the release of even more top-tier data from both sides of the pond.It is inflation...

Ahead of the inflation data tomorrow, the US dollar is trading sideways and hovering near three-month highs. The greenback is currently approaching a key resistance level and could break higher if CPI...

CPI reports in the US and the UK will be in focus this week. We see a greater risk for a lower-than-expected number in the US even though our estimates match consensus, while UK services inflation and...

Today sees one of the key event risks of the week – the annual US CPI benchmarks revisions. The Fed’s current position is that it is looking for confidence in the disinflation process....

US equity benchmarks continue to push higher as most of the big tech stocks close in on bullish target prices. Chinese equities, however, continue to languish as Chinese authorities institute an array...

The EUR/USD remains bearish, with traders cautious due to uncertain Fed easing expectations. Dollar rally eased as bond yields fell back, supported by stronger ISM services PMI, while Fed officials'...

I want to share my thoughts on what's going on at True Forex Funds including: 3 Reasons Why MetaQuotes Shut Down TFF How it is different from My Forex Funds shutdown What it means for the prop trading...

The US dollar extended its gains on Monday after a strong ISM services PMI report only added to the view that the Fed would not be in a hurry to ease policy following Friday’s robust jobs...

The US dollar surged to an 8-week high last week, fueled by robust economic data and a hawkish stance from the Fed. After strong data, the Fed might reconsider the three-rate cut plan for 2024,...

The focus in FX markets today is on whether US employment continues on its benign downward path and represents the economy coming into ‘better balance’. Of interest will be whether...

The dollar is doing a little better and equity markets are a little softer after the Federal Reserve pushed back against early easing and US regional banks again hit the headlines. Softer CPI trends...

The EUR/USD has been falling in recent days with the US dollar continuing to find support on the back of reduced expectations over a March rate cut.Despite this moderate bearish trend, I don’t...

Ahead of the Fed decision, the EUR/USD pair's local downtrend has slowed near 1.08. Despite robust U.S. economic data, any hint of rate cuts during Powell's press conference could lead to a...

The US seems to be enjoying a virtuous cycle of better-than-expected growth, higher tax receipts, and lower-than-expected borrowing requirements. In contrast, today should see a mild contraction in...