Currency Analysis & Comment

The dollar is falling for the fifth straight day after gaining for 7 days out of 8 and surging 8.5%. It might be time to start thinking of getting back in: the greenback has already corrected 2.3% of...

A deal is done. The White House and Senate agreed to a historic $2-trillion stimulus package and this agreement should pass the House easily. Equities and currencies traded sharply higher in response...

Many major currencies are trading higher this morning as stocks staged a voracious recovery at the New York open. The Dow Jones Industrial Average jumped more than 1,000 points or 6.5%. In a normal...

The Federal Reserve is doing everything in its power to limit the slide in equities, keep Treasury yields low and provide ongoing liquidity. In a breaking announcement before the start of New...

We have not seen such a strong week for the U.S. dollar since the 2008 global financial crisis. This fact alone explains why the greenback has been performing so well. There’s no doubt that...

Governments around the world continued to take steps to shield their economies from further weakness but the continued market sell-off is a sign that investors have little faith that these efforts...

There have been two previous, major financial markets crashes in the past 20 years. During both, the U.S. dollar became the life raft of choice that everyone wanted to cling to.The more recent,...

Currencies and equities resumed their slide on Wednesday as Tuesday’s recovery proved to be nothing more than a one-day reprieve. New measures or plans to fight the economic impact of COVID-19...

The U.S. dollar traded sharply higher against all of the major currencies as the Dow Jones Industrial Average closed up more than 800 points. After falling nearly 3,000 points on Monday, U.S. stocks...

The Federal Reserve made another emergency cut yesterday, slashing rates by 100 basis points to close to 0% for the first time since the 2008 financial crisis. The U.S. central bank also launched a...

The Australian dollar has been slipping fairly steadily since the Reserve Bank of Australia opted two weeks ago not to raise interest rates. The central bank's rationale: to avoid spurring additional...

The UK economy rebounded in the past couple of years, as the services sector hit a 16-month high and retail sales remained strong. However, rising inflation, with no concomitant increase in wages, is...

The dollar index is advancing for the third straight day, ahead of today's ADP nonfarm payroll report and the ISM non-manufacturing PMI release as well as Friday's nonfarm payrolls. While traders may...

The U.S. dollar has been attracting a lot of attention for a while now, especially given its continued rise, even after the Fed reversed its policy in July. That was when the U.S. central bank cut...