Currency Analysis & Comment

It has been a great week to be long U.S. dollars. The greenback traded higher against all of the major currencies, and these gains drove the Dollar Index to its strongest level in four...

This article was written exclusively for Investing.comThe USD/CAD has hit resistance again after staging a decent recovery in the past few days. But given the US dollar’s recent good run of form...

Stronger than expected economic reports drove the U.S. dollar higher against all of the major currencies. There’s no question that of the G3 currencies (USD, EUR and JPY), the U.S. is leading...

Of late, currency analysts in China have become vehemently bearish on the US dollar, citing America's rising debt load, in particular the recent, massive, Biden administration fiscal aid package and...

The U.S. dollar traded higher against most of the major currencies Tuesday despite weaker new home sales and cautious comments from Federal Reserve Chairman Jerome Powell. Along with his peers, Powell...

One of the best performing currencies today was the euro. After selling off quickly and aggressively in the first week of March from a high of 1.21 to a low of 1.1835, the single currency quietly...

The U.S. dollar traded higher against all of the major currencies on Thursday, erasing most of its post-FOMC losses. The Federal Reserve has no plans to raise interest rates until 2023, but the...

Consensus has Russia’s central bank keeping interest rates unchanged—at 4.25%, a record low—when fiscal policymakers release their next rate decision on Friday. Rates have remained...

This will be a busy week for the forex market. There are three central bank meetings, U.S. retail sales, New Zealand Q4 GDP, Australia’s employment report and Canadian retail sales...

To the market’s surprise, the European Central Bank announced plans to purchase bonds at a “significantly higher pace” over the next quarter. The decision was motivated by the...

The U.S. dollar traded lower against most of the major currencies on Wednesday. According to the latest report, inflationary pressures are on the rise, but not as quickly as investors feared....

The U.S. dollar traded lower against all of the major currencies. The lack of U.S. economic releases meant that the greenback took its cue from yields. After hitting a high of 1.6%, 10-year...

Investors have a voracious appetite for U.S. dollars this month as the Dollar Index climbed to its strongest level in four months. Over the weekend, the Senate passed a $1.9-trillion stimulus...

The U.S. dollar hit new highs on Friday after a strong U.S. jobs report. The greenback extended its gains against all of the major currencies, with USD/JPY rising to its strongest level since...