Currency Analysis & Opinion

This article was written exclusively for Investing.comIt is very difficult to be bullish on the pound during times like now, with COVID deaths hitting new records every day and the economy being on...

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...

Last week ended with a lack of risk appetite in the market and the anti-risk U.S. dollar benefitted as a result, while short traders in the EUR/USD and GBP/USD were able to take a good profit....

U.S. President Donald Trump was impeached by the U.S. House for encouraging supporters before the Jan. 6 riot, making him the only U.S. president to be impeached twice. Trump’s term ends on Jan....

The resilience of the euro is remarkable. The single currency ended the day higher against the U.S. dollar and Japanese Yen despite German Chancellor Angela Merkel’s warning that the lockdown...

The very beginning of 2021 has so far been marked more by political turbulence in Washington, including riot scenes at the Capitol Hill which was followed by congress’s efforts to impeach Donald...

As we kick off the second week of January, the greenback extended its gains against all of the major currencies. Despite the first month of job losses in April, the uptick in manufacturing and...

EUR/USD has been falling for the fourth trading session in a row; it is retreating towards 1.2170 with a monthly high at 1.2350.It’s quite interesting that the USD started strengthening right...

Welcome everyone to a new trading week! This week started with some corrective movements in the market as investors evaluate stretched valuations while becoming more cautious on global shares at...

The article was written exclusively for Investing.comThe USD/JPY needs to be monitored closely with the US dollar trying to form a base over the past couple of days. So far, it looks like an oversold...