Currency Forecast

The dollar strengthened across the board yesterday with no clear catalyst. We suspect that in an environment that keeps pricing large Fed cuts, USD rallies aren’t very sustainable. We’ll...

The dollar is softer and pro-cyclical currencies are following the yuan higher after news that China is preparing a CNY 2tn rescue package for the stock market. The BoJ revised inflation expectations...

ECB convenes this week, expected to maintain the status quo. Likelihood of US interest rate cuts in March diminishes. Bearish outlook targets 1.08 next for EUR/USD. ...

US Dollar Index struggles at 103.4 resistance amid rising bond yields, impacting major currencies and gold. ECB hints at a slower rate cut approach, affecting EUR/USD's weakening trend. USD/JPY rises...

FX markets start the week in a quiet fashion. The highlight this week will be central bank meetings in many parts of the world, including Japan and the eurozone. No major changes are expected in...

The EUR/USD pair is slightly stronger, but the US dollar's resurgence keeps it under pressure, requiring more price action to attract bullish interest. Short-term trend remains downside-oriented, and...

Thanks to the Martin Luther King Day holiday, FX markets were quiet-ish on Monday without the participation of US banks.But volatility has started to pick up with reduced Fed rate cut bets boosting US...

Asian equity markets and currencies are under a little pressure today and have cast a slightly risk-off tone across global FX markets. Economic data is light, but we do hear from some central bank...

Investors have cemented Fed easing expectations despite some hotter-than-expected US data. We suspect a market reluctant to price out rate cuts will need strong words from the Fed – perhaps...

Rate expectations were not moved by slightly hotter-than-expected US CPI, and support for the dollar has mostly come through the risk-sentiment channel. Range-bound trading may persist despite...

The US dollar is poised for potential shifts with today's CPI report, impacting major pairs like USD/JPY and USD/CAD Inflation expectations are set relatively high, meaning risks are skewed in favor...

We expect a consensus 0.3% MoM core inflation reading in the US today. We see the rise in the USD/JPY as an indication that fast money is probably positioned for a stronger figure, meaning there are...

The FX market appears in wait-and-see mode ahead of tomorrow’s US CPI. Today, there aren’t key data releases, but we’ll keep an eye on speeches by Fed member John Williams and the...

The US dollar is continuing to consolidate after Friday’s mixed data left the probability of a March rate cut above 50%, keeping yields steady around the 4% mark on the 10-year debt.Investors...