US Dollar Remains in Downtrend After Fed Reiterates Dovish Stance
Euro May Regain Fundamental Control with its Own With GDP Numbers
Japanese Yen Awaits the Signal for Risk Appetite to Finally Reverse
British Pound Could See Breakout Versus Euro, US Dollar
Swiss Franc May Decline as Path Clears for Risk Correction
Canadian Dollar: Options Markets Show Clear Risk of USDCAD Rallies
Australian Dollar Rally May Continue if Risk Appetite Remains in Play
New Zealand Dollar May Be Weighed By Weak Domestic Demand
For detailed analysis by currency pair, please visit our dedicated Forecast Page.
Gold would seemingly defy both the general pace of risk appetite and logic Friday after the release of October’s non-farm payrolls. In the past weeks and months, the precious metal has developed a significant, positive correlation to the Dow Jones Industrial Average and other equity benchmarks. However, whereas stocks would initially plunge and eventually stabilize after the market-moving data crossed the wires; spot gold would actually rally to a new record high just above $1,100 an ounce.
... read moreThe US dollar declined this week following its strong advance the prior week. Is the decline a consolidation of gains or the beginning of the next leg of USD weakness. The EURUSD and AUDUSD have held their respective channels but the NZDUSD has broken its well-defined channel that had held since March. 1.5060 and 1.4625 are the longer term pivots for the EURUSD.
... read moreUS Employment May Still Play a Role in Developing a True Breakout Next Week
... more videos| Live Currency Rates | |||
|---|---|---|---|
| Name | Last | High | Low |
| Daily Economic Calendar | ||||
|---|---|---|---|---|
| Time | Event | Actual | Forecast | |
| GMT00:30 | ![]() |
AUD Home Loans (SEP) | ||
| GMT13:15 | ![]() |
CAD Housing Starts (OCT) | ||
| GMT11:00 | ![]() |
EUR German Industrial Production s.a. (MoM) (SEP) | ||
| Central Bank Rates | ||||||
|---|---|---|---|---|---|---|
| Currency | Rates | Currency | Rates | |||
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NZD | 2.50% | ![]() |
AUD | 3.50% | |
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GBP | 0.50% | ![]() |
USD | 0.25% | |
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CAD | 0.25% | ![]() |
EUR | 1.00% | |
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CHF | 0.25% | ![]() |
JPY | 0.10% | |