Currency Analysis & Comment

This article was written exclusively for Investing.comThe US dollar will be tested again today with the release of US nonfarm payrolls report and the USD/CAD will be among the most interesting dollar...

Against all odds, the euro climbed to its strongest level versus the U.S. dollar in more than two years. Not only was the single currency the day’s best performer, but it surged well above 1.20,...

The U.S. Dollar Index plummeted to a 2.5-year low on Monday as investors worry about rising virus cases, fresh lockdowns, holiday spending and the Federal Reserve. With U.S. virus cases topping 4...

The article was written exclusively for Investing.comThe GBP/CHF might not be everyone’s cup of tea, but THIS cup and handle formation certainly makes it a market for bullish speculators to...

Traditionally, investors expect the financial markets to be quiet and consolidative during shortened trading weeks. There’s usually less participation and less liquidity as investors square...

Dollar whipsaws against euro, sterling Currency markets were whipsawed last night, with the dollar index trading in a near 80-point range before closing almost unchanged. The dollar was boosted by...

The Moderna (NASDAQ:MRNA) vaccine announcement had a negligible effect on currency markets overnight. Asian and G-10 currencies were almost unchanged for the session, with only the pro-cyclical...

The US dollar extended its slide against all of the major currencies on Friday despite the recovery in stocks. As we’ve often said, currency traders are generally more cautious than...

Pharmaceutical companies are making meaningful progress towards developing a successful vaccine but according to the markets, its just not fast enough. If we are lucky, a vaccine will be...

US dollar down slightly in AsiaOvernight the US dollar consolidated on forex markets, with the dollar index almost unchanged at 92.75. Amongst the major currencies, the Japanese yen retraced some of...

The US dollar traded sharply higher against all of the major currencies on Monday after Pfizer (NYSE:PFE) said their COVID-19 vaccine is 90% effective in preventing the virus. While Pfizer’s...

US dollar retreats as regular service resumesThe US dollar index finished just 0.12% lower at 93.44 yesterday, but that belied the volatile nature of election day trading. The G-10 currencies traded...

November kicks off with one of the most closely watched elections in US history, widespread COVID-19 lockdowns in Europe, three central bank monetary policy announcements and labor market reports from...

Most of the major currencies traded lower against the U.S. dollar Friday as the Dow Jones Industrial Average tumbled more than 300 points. At one stage, stocks were down over 500 points but came off...