Currency Analysis & Comment

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...

The biggest news on Tuesday turned out to be concerns about the Johnson & Johnson (NYSE:JNJ) vaccine and not the U.S. inflation report. The country’s two health agencies (FDA and CDC)...

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....

The most anticipated event risk this week was the March U.S. non-farm payrolls report. Nearly 1 million jobs were created, the most in seven months. Economists were looking for NFPs to rise...

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...

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...