Currency Analysis & Comment

Thursday’s European Central Bank monetary policy announcement is one of the most important event risks this week. With a seven-week gap between tomorrow’s meeting and the next, the...

The greenback is back in the game again! Since the end of February, the US dollar has been gaining against a basket of major currencies, like the euro, British pound and Japanese yen. As of March 9,...

Tomorrow’s Bank of Canada monetary policy announcement is a tricky one. On one hand, economic data has been very good. Job growth is strong, consumer spending is improving, the housing...

All of the major currencies traded higher on Monday as investors continued to drive the U.S. dollar lower. When a rise in Treasury yields, sell-off in U.S. stocks, strong payrolls and retail...

The U.S. dollar struggled to rally Thursday despite very strong U.S. economic reports. According to the latest releases, the U.S. economy roared back to life in March and early April. Retail...

What is moving the markets these days? What are the main drivers of currency pairs? First, the vaccination pace. The second, the recovery speed. And finally, investors are concerned about how...

As it revelaed in its semi-annual financial stability review last week, The Reserve Bank of Australia is anxious about growing risks to the country’s economy. The central bank maintains that...

The first full trading week of April started quietly with many markets closed for Easter Monday. It wasn’t until the start of the New York trading session that the U.S. dollar started to move....

Thanks to the Good Friday holiday and the long weekend, the foreign exchange markets should be quiet today. But the EUR/USD is one to watch in the days and weeks ahead, given the stark contrast in the...

After rising strongly in March, the U.S. dollar kicked off the month of April with losses against most of the major currencies. The sell-off was modest and represents nothing more than...

March was a tough month for the euro. The single currency fell to its weakest level in four months against the U.S. dollar and its lowest level in a year against sterling. Since the beginning of...

The US Dollar Index traded sharply higher against all of the major currencies on Tuesday, with the latest gains taking the greenback to fresh one-year highs against the Japanese Yen and...

It will be another busy week for the financial markets, with potentially big moves in currencies and equities. On Wednesday, U.S. President Joe Biden will outline his $3-trillion infrastructure...

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...