Currency Analysis & Comment

The U.S. dollar sold off against most of the major currencies after ADP’s employment report raised red flags for non-farm payrolls. U.S. yields turned lower once the report was released and the...

The U.S. dollar snapped higher on Tuesday when Treasury yields surged right before the London close. It is difficult to pinpoint the exact catalyst, as today’s U.S. economic reports were mostly...

Fake outs are more likely than breakouts in the foreign exchange market this week. This is the last week of August and, for many, it is synonymous with the end of summer. With final outings to...

Since its early January peak, the euro has been trading about 5% lower. The single currency is being pressured by conflicting market themes—its status as a save haven asset versus the outlook...

The best performing currencies today were the New Zealand, Australian and Canadian dollars. Having fallen to year-to-date lows last week, the commodity currencies snapped back sharply in the last...

The Federal Reserve’s annual symposium at Jackson Hole is the most important event of the week. Over the past few months, the Federal Reserve hinted about the need to reduce asset purchases, and...

At time of publication, risk assets, including US futures and global equity benchmarks, are slumping, pressured lower by a trio of investor worries: geopolitical tensions after Afghanistan's US-backed...

Fundamentals matter a lot when it comes to currency movements. The U.S. dollar fell sharply on Friday as 10-year Treasury yields experienced its largest decline this month. We’ve long...

There’s just over two weeks to go before the Federal Reserve’s Jackson Hole Symposium and investors are buying U.S. dollars on the premise that the Fed will set the stage for tapering in...

The economic calendar may not be as jammed pack this week compared with last week, but if today’s moves in commodities are a sign, this could be a very active week in the financial...

Highlights for the week Silver posts negative pattern Wednesday Breaks short term support Thursday to confirm the pattern Gold posts negative pattern Thursday Dollar index breaks up Friday ahead of...

Richard Clarida, Vice Chairman of the Federal Reserve, said his central bank is set to start raising interest rates in 2023, while scaling back its massive asset purchasing—its method to keep...

The U.S. dollar ended the day sharply higher against all of the major currencies, but not before wild swings that took USD/JPY below 109.00 and then back above 109.50. EUR/USD soared to 1.1900 at the...

The first week of August will be a busy one for the financial markets. Employment reports are due for release from the U.S., Canada and New Zealand, along with central bank meetings in Australia and...