Currency Analysis & Opinion

Traders enamoured with the minute by minute fluctuations in so-called meme stocks like GameStop Corp (NYSE:GME) and AMC Entertainment (NYSE:AMC) may not have noticed, but we just saw a far more...

With the Federal Reserve holding its first monetary policy meeting of the year, it would be easy to attribute today’s U.S. dollar rally to the central bank’s comments.However, nothing in...

Except for corrective rallies, we have been consistently bearish on the dollar for about half a year. However, since Sunday we’ve been wondering whether the dollar is consolidating, and possibly...

The British pound rose to a high of 1.3750 against the U.S. dollar and analysts predict that sterling will continue to outperform against other peers. One of the reasons for the pound’s strength...

More than a year on from the first (reported) COVID-19 case in the US, the world’s largest economy remains on thin ice. Despite optimism around multiple highly-effective vaccines, initial...

The Federal Reserve holds its first 2021 FOMC meeting Wednesday and, based on the performance of U.S. assets, investors don’t expect any surprises from the central bank. The rally in stocks and...

Friday saw the euro tread water with the price reluctant to push above the 1.2180-mark. Thus, the technical picture in the EUR/USD has not fundamentally changed but we still anticipate another leg up...

The U.S. dollar rallied against all of the major currencies on Friday as stocks descended from their highs. Three days into the new administration and investors are starting to worry about...

As my colleague Fiona Cincotta anticipated, the European Central Bank made no changes to monetary policy, determining that no additional stimulus was warranted (yet) despite another extension to...

It has become abundantly clear over the past year that the market is driven by optimism. The COVID-19 pandemic dealt a major blow to every corner of the world, but rather than worrying about how...

The anti-risk U.S. dollar started this day with another round of weakness on optimism that U.S. fiscal spending will revive economic growth. Yesterday however, we saw the dollar slightly appreciating...

The inauguration of the 46th President of the United States went off without a hitch. Equity and currency traders welcomed the new administration with fresh records for the S&P 500 and...

When it comes to the FX market, traders are often more focused on risk appetite and trends in the global economy than the specific countries underlying each currency. For example, EUR/USD often falls...

It’s a big week for the financial markets. The Congressional hearings for Janet Yellen’s confirmation as Treasury secretary began today. (There’s no guidance on how fast the panel...