Currency Forecast

The Thanksgiving holiday means thin volumes and no US data releases today. We expect some stabilization in EUR/USD after strong jobless claims fuelled the dollar rebound. Still, eurozone PMIs might...

A softer dollar environment has seen Chinese authorities turn the screws on those with short renminbi positions. Look for further dollar weakness today given the risk of the lowest US existing home...

EUR/USD outlook positive as dollar and yields fall FOMC minutes and global Flash PMIs among key macro highlights EUR/USD technical analysis: Bullish momentum could lift the pair towards 1.10 The...

The US dollar has continued its decline, reaching a two-month low at 103.6, driven by expectations of a Fed pause in rate hikes and potential future cuts. DXY faces technical challenges as it...

The dollar has entered a consolidative phase, but yesterday’s price action gave us a glimpse of what could be more regular price action next year. EUR/USD got a brief lift yesterday from the...

The dollar continues to claw back some of Tuesday's losses after US October retail sales suggested that the consumer is still spending. Also helping has been the Senate's support of a stop-gap funding...

The dollar plummeted yesterday after a softer-than-expected US CPI reading. But we still think a turn in activity data - more than the disinflation story - is needed to take the dollar sustainably...

The dollar risks another correction event today as inflation may slow a bit more than expected, even though core stickiness should prevent a major repricing of rate expectations. EUR/USD might also...

The dollar starts the week quietly and is holding onto gains made after Fed Chair Jay Powell served up a reminder that the hiking cycle is still live. For this week, the FX market will be focusing on...

The data calendar remains quiet across developed markets, but we are hearing more from central bankers. Fed speakers have delivered hawkish comments, emphasizing the fight against inflation and...

Recent market shifts influenced by the Fed's decision and employment data have led to a decline in US Treasury yields and the US dollar. Despite the weakening economic data and geopolitical tensions,...

November and December are normally soft months for the dollar. This year, however, the tailwind from strong US growth and hawkish Fed policy should keep the dollar bid through to year-endFed-Driven...

The US Dollar rally has taken a breather, with the King of the currency world trading sideways for the past several weeks.But there is a reason for this pause, as you can see in today’s...

It seems investors are starting to think that the Fed is done with rate hikes and are now starting to reduce underweight positions in risk assets, including emerging market currencies. This is dollar...