Currency Analysis & Comment

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...

The Federal Reserve’s monetary policy announced failed to stem the U.S. dollar’s slide. The greenback traded lower against most of the major currencies with the only exceptions being...

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...

The last full trading week for 2020 will be a busy one. There are four central bank meetings, December PMIs, and employment and consumer spending reports from many countries on the calendar. In...

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....

One of the most important pieces of data this week was November nonfarm payrolls. The softer release should have sent the U.S. dollar tumbling lower but instead the greenback ended the day sharply...