Currency Analysis & Comment

There's a perfect storm of geopolitical turmoil currently lifting the US dollar. No surprise that the Russian ruble has extended its collapse versus the USD to a record low in offshore trading today...

As the level of geopolitical headwinds accelerates, the US dollar's status as a safe haven, along with almost certain interest rate hikes on the horizon as recently signaled by Federal Reserve Chair...

Oil prices soared above $100 a barrel driving equities and currencies sharply lower. The euro and sterling were hit the hardest by risk aversion, with investors flocking into the safety of U.S....

The first week of March will be another busy one for investors. Russia’s invasion of Ukraine continues to rock the financial markets, with currencies and equities extending their losses. It...

Despite record dollar printing recently, the US Dollar Index's trajectory remains higher, buoyed, among other things, by America's rapid economic recovery from the recession caused by the pandemic and...

For many, today's news of an escalation in tensions in Eastern Europe after Russia's President, Vladimir Putin, ordered troops to move into Ukraine would certainly appear to make the case for an...

The U.S. dollar traded lower against all of the major currencies Wednesday despite hawkish FOMC minutes and good U.S. data. The Federal Reserve is on track to raise interest rates in March,...

China's Shanghai Composite closed moderately higher today, but well below the gains seen Wednesday on peer regional indices such as Japan's Nikkei and South Korea's KOSPI.The market narrative says...

Between Facebook’s weak earnings and negative guidance, a rate hike from the Bank of England and concerns about inflation from the European Central Bank, it proved to be a very lively day in the...

For currency traders, the action heats up in the next 24 hours, with the European Central Bank and Bank of England monetary policy announcements on Thursday followed by U.S. and Canadian employment...

No less than six Fed officials have spoken publicly during this week thus far. Not a single one has supported the recent market narrative pricing in a 50 basis point increase in March, and that...

The two best performing currencies today were the Australian dollar and the euro, which is a bit ironic because the Reserve Bank of Australia and the European Central Bank are two of the least hawkish...

As the possibility of Russia invading Ukraine escalates, with the US ordering up its troops while NATO has placed its own forces on standby, the Russian ruble is currently being pressured by the...

We have not seen this type of volatility in the financial markets since the beginning of the pandemic. The Dow Jones Industrial Average was down -1,115 points in the first half of the NY session but...