Currency Analysis & Comment

Thanks to the Good Friday holiday and the long weekend, the foreign exchange markets should be quiet today. But the EUR/USD is one to watch in the days and weeks ahead, given the stark contrast in the...

After rising strongly in March, the U.S. dollar kicked off the month of April with losses against most of the major currencies. The sell-off was modest and represents nothing more than profit-taking...

March was a tough month for the euro. The single currency fell to its weakest level in four months against the U.S. dollar and its lowest level in a year against sterling. Since the beginning of the...

The US Dollar Index traded sharply higher against all of the major currencies on Tuesday, with the latest gains taking the greenback to fresh one-year highs against the Japanese Yen and four-month...

It will be another busy week for the financial markets, with potentially big moves in currencies and equities. On Wednesday, U.S. President Joe Biden will outline his $3-trillion infrastructure plan,...

It has been a great week to be long U.S. dollars. The greenback traded higher against all of the major currencies, and these gains drove the Dollar Index to its strongest level in four months. For the...

Stronger than expected economic reports drove the U.S. dollar higher against all of the major currencies. There’s no question that of the G3 currencies (USD, EUR and JPY), the U.S. is leading the...

Of late, currency analysts in China have become vehemently bearish on the US dollar, citing America's rising debt load, in particular the recent, massive, Biden administration fiscal aid package and...

One of the best performing currencies today was the euro. After selling off quickly and aggressively in the first week of March from a high of 1.21 to a low of 1.1835, the single currency quietly...

Actions speak louder than words for U.S. dollar traders who sent the greenback sharply higher after the Federal Reserve said the temporary change to the supplementary leverage ratio, or SLR, for...

The U.S. dollar traded higher against all of the major currencies on Thursday, erasing most of its post-FOMC losses. The Federal Reserve has no plans to raise interest rates until 2023, but the...

Consensus has Russia’s central bank keeping interest rates unchanged—at 4.25%, a record low—when fiscal policymakers release their next rate decision on Friday. Rates have remained at that level since...

In a week with heavy data, Wednesday’s Federal Reserve monetary policy announcement will be the most important event risk. The Fed is set to update its economic projections and its outlook for...

This will be a busy week for the forex market. There are three central bank meetings, U.S. retail sales, New Zealand Q4 GDP, Australia’s employment report and Canadian retail sales scheduled for...