Currency Analysis & Comment

This will be a challenging week for the U.S. dollar. On Friday, I outlined three reasons why the U.S. dollar should continue to fall. And as markets reopened Monday, investors did not hesitate to...

It has been a rough week for the U.S. dollar. The greenback traded lower against all of the major currencies, falling to multi-month and, in some cases, multi-year lows in the process. USD/JPY,...

The euro is single-handedly the best performing currency right now. It has gone from 1.12 to 1.16 over the past month and today’s rally marks nine out of 10 days of gains for...

Uncertainty about what happens to the U.S. economy after the extra $600 unemployment benefit expires drove investors out of U.S. dollars. The greenback traded lower against all of the major...

European Union leaders finally reached a $2-trillion deal to rebuild their economy, sending the euro to a six-month high above 1.15. This historic agreement appeases all parties with a nearly...

This new trading week kicked off with broad-based gains for currencies. Every major currency pair, from EUR/USD to USD/JPY, moved higher as vaccine progress and stimulus talk sparked optimism....

Corporate earnings, new virus cases and vaccine hopes dominated the headlines today. However, that will change tomorrow with a long list of market-moving economic reports on the calendar. In...

Over the past few weeks, the euro has been one of the best performing currencies. It rose to a nearly four-month high versus the U.S. dollar despite weaker-than-expected economic data. Eurozone...

Surging U.S. COVID-19 cases finally caught up to the greenback this week. USD/JPY broke support on Friday, with the U.S. dollar trading lower against most of the major currencies. Aside from the...

The U.S. dollar traded higher against most of the major currencies on Tuesday, but a large part of its gains were incurred during the Asian and early European trading sessions. In the New York...

Based on the latest jobs report, the U.S. economy is doing great. Approximately 4.8 million Americans returned to work in the month of June following an increase of nearly 2.7 million in May. The...

As the second quarter draws to a close, we reflect on the gains in equities and currencies. While the COVID-19 pandemic scarred the markets at the end of the first quarter, recovery was the...

When the COVID-19 pandemic began, we all knew that strict lockdown measures in the U.S. and other parts of the world would put major strain on global economic activity. Economic data hit recessionary...

Equities consolidated on Thursday as the deluge of negative COVID-19 headlines were overshadowed by reports that U.S. regulators will relax the Volcker Rule and allow banks to increase investments...