Currency Analysis & Comment

We’ve finally made it to the last week of 2020. A coronavirus vaccine is in the process of being rolled out, a Brexit agreement is in place and U.S. President Donald Trump finally signed...

It's only taken four-and-a-half years for the European Union and the United Kingdom to come within reach of what some are characterizing as the biggest 'divorce settlement' in history. This morning,...

We feared that there would be year-end profit-taking in currencies this week as the virus mutation and lack of Brexit progress haunts the markets. But so far, we haven’t seen any evidence...

The dollar has been surging today, up almost 1% at time of writing. That's the greenback's biggest daily advance since Mar. 19, when the global reserve currency peaked.The USD has been trading at the...

It has been a challenging week for the U.S. dollar. The greenback fell to fresh 2.5-year lows against most of the major currencies, but as the week drew to a close, it finally...

Risk appetite remains strong, with equities and currencies extending their gains on Thursday. The growing prospect of a stimulus deal in the U.S. and a Brexit agreement in the UK drove investors...

Currency traders should brace themselves for a very busy 24 hours. The list of market-moving economic reports scheduled for release is long and includes the Federal Reserve’s monetary policy...

We have been bearish on the US dollar for a long time. Now, the USD is gearing up to head lower, to the 90.00 target discussed}} in August.This morning, though equity markets were buoyed by an...

Currencies were driven lower on Friday on fading hopes for Brexit and U.S. stimulus deals. For most of this year, investors believed that the UK would eventually cave and agree to an orderly exit...

This article was written exclusively for Investing.comThe European Central Bank had a chance to shoot the EUR/USD down, but blew its chance and I think this has potentially paved the way for a rally...

The euro resumed its rise against the U.S. dollar after the European Central Bank boosted asset purchases on Thursday. Having telegraphed its plans to ease as far back as October, today’s...

Thursday’s European Central Bank monetary policy announcement is the most important event risk this week. The ECB is widely expected to ease monetary policy, making it one of the few...

For the past few weeks, anti-dollar flows have been the driving force for currencies. The sell-off in the U.S. dollar drove euro, sterling, Swiss Franc, Australian, New Zealand and Canadian...

The pound sterling plunged 1.3% at 5 AM EST Monday, wiping out the gains it took 12 sessions to muster. This is the British currency's worst tumble in nearly three months, since the 1.5% drop on Sept....