Currency Analysis & Comment

The U.S. dollar traded lower against most of the major currencies on the back of the Federal Reserve’s monetary policy announcement. EUR/USD rose to its strongest level in nearly two weeks,...

The U.S. dollar traded lower against the euro and Japanese Yen ahead of Wednesday’s Federal Reserve’s monetary policy announcement. This sell-off was driven by a combination of lower...

Taking a look at the economic calendar, it is set to be a busy week for the forex market. There’s a central bank rate decision, GDP, inflation and employment reports scheduled for...

This article was written exclusively for Investing.comThe EUR/GBP managed to bounce back Friday morning on the back of stronger Eurozone PMI data, while disappointing numbers from the UK hurt the...

The European Central Bank’s monetary policy announcement was the most important event this week, but it did not inspire any breakout moves for EUR/USD. This, of course, is exactly what central...

On the eve of the European Central Bank’s monetary policy announcement, the euro dropped to a three-month low versus the U.S. dollar. Everyone expects the ECB to maintain its dovishness,...

The sharp sell-off in U.S. stocks on Monday drove currencies sharply lower. While monetary policy is an important long-term driver of currency flows, risk appetite has the most significant...

This article was written exclusively for Investing.com.The USD/JPY looked to end a two-day selloff as it was trading higher at the time of writing, along with all the other yen crosses. The Bank of...

Central banks are taking bigger leaps to normalize monetary policy, and investors are wondering If the Federal Reserve is next.  On Wednesday, the Reserve Bank of New Zealand shocked...

The U.S. dollar traded sharply higher on Tuesday against all of the major currencies on the back of red-hot consumer price growth. CPI rose 0.9% in the month of June, up from 0.6% in May and...

This is a busy week for the financial markets. There are three central bank monetary policy announcements, along with inflation, employment and consumer spending numbers scheduled for release from all...

There appears to be a perfect storm of events setting up to pressure the Australian dolllar lower.After the US Federal Reserve surprised markets in mid-June by moving up its timeline for...

Ask anyone and they will agree that economic activity in the U.S. is picking up, with businesses enjoying a much-needed post-pandemic recovery. The airports were packed when I travelled to and...

The June FOMC minutes confirm that the Federal Reserve is edging closer to tapering asset purchases. According to today’s release, “various participants mentioned that they expected...