Currency Analysis & Comment

Japan's yen opened lower this morning, extending its drop to 0.5% versus the US dollar. It was the sixth straight day of gains for the USD/JPY pair.The JPY fell to its lowest level since Dec. 15,...

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...

This article was written exclusively for Investing.comThe GBP/USD has been creeping higher in recent days, although without making much progress. But is it about to break higher in a more decisive...

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,...

What should have been a quiet start to a busy trading week turned out to be volatile beginning. Over the weekend, there were worries about an imminent Russia attack on Ukraine, but at the start of the...

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...