Currency Analysis & Opinion

Stock rallies were temporarily disturbed last week with a seemingly surprising projection for the first potential rate hike "as soon as" the second half of 2023 instead of 2024 as mentioned in...

It’s a new trading week and risk assets are bouncing back from last week’s big selloff. Some less-hawkish-than-feared comments from the Fed on an otherwise quiet Monday garnered headlines,...

Currencies and equities extended their sell-off on Friday as risk aversion in the financial markets deepened. The Dow Jones Industrial Average lost over 400 points for the 10th straight day....

Investors continued to buy U.S. dollars on Thursday despite weaker-than-expected Philadelphia Fed manufacturing index and jobless claims. Market participants are convinced that these disappointments...

If the words 'hawkish' and 'Fed' seem like an incongruous pairing, check out yesterday's FOMC statement. It appears the US central bank has had a change of heart after months of insisting...

Investors drove the U.S. dollar sharply higher on Wednesday after the Federal Reserve signalled an earlier interest rate hike. Thirteen out of 18 policy-makers now see as many as two rate hikes...

With most major developed central banks only just starting to “talk about talking about” normalizing monetary policy (see our full FOMC meeting preview for more), the Norges Bank is poised...

The outcome of Wednesday’s Federal Reserve monetary policy announcement could set the stage for how the U.S. dollar and currencies trade over the next month. With that in mind, the...

The U.S. dollar rebounded on Friday while short traders in the EUR/USD and GBP/USD were able to book a good profit with both major currency pairs declining towards crucial support levels. We will have...

This week’s marquee economic release, the May US Consumer Price Index (CPI) report, came in hotter than expected at 5.0% year-over-year. Meanwhile, the so-called “core” CPI, which...

There were no fireworks for the U.S. dollar today despite the biggest jump in U.S. inflation since August 2008. Normally, the greenback would spike on a sharp rise in consumer prices, but it...

Both EUR/USD and GBP/USD have been trading in tight price ranges given the onset of the summer lull, making it difficult for traders to profit from low volatile swings. Even technical price breakouts...

The euro has a big day ahead, with a monetary policy announcement and U.S. inflation report on the calendar. Between these two events, the European Central Bank meeting is generally more...

At the beginning of another week of June, the major currency pair is looking neutral and trading close to 1.2150. American statistics published last Friday were quite good and have already been...