Christopher Vecchio

Sr. Currency Strategist

News events, market reactions, and macro trends.
Christopher Vecchio is a Currency Analyst for He holds a dual Bachelor of Arts degree in Government & Law and Economics from Lafayette College. During his undergraduate program, he gained a strong understanding of fundamental analysis of the foreign exchange markets by examining the interrelationship between geopolitical events, macroeconomic trends, and finance. Christopher also incorporates technical analysis into his research in order paint the most complete picture of what is occurring across various asset classes in the short-term and medium-term.



US Dollar Strength Continues as Consumer Confidence Jumps

The outlook for US growth remains strong as another consumer sentiment indicator spikes higher.

US Dollar (DXY) Regaining Bullish Posture; Rising Yields Hit Yen

Outside engulfing bars yesterday in both EUR/USD and DXY Index bode well for further US Dollar strength.

ECB Has High Burden of Proof to Weaken Euro Today

Markets are expecting a lot from the European Central Bank today, at its final central bank meeting of the year.

December Forex Seasonality Sees US Dollar Weakness into End of Year

The US Dollar has been on a tear in recent weeks, but if seasonal trends have their say, then the greenback may take a breather during the rest of December.

USD/CAD Channels Lower After Bank of Canada Stands Pat on Rates

Bank of Canada neutral tone suggests the monetary authority will maintain its wait-and-see approach

USD/CAD Awaits Neutral BOC Today; ECB Has High Burden of Proof

The central bank meetings the next two days couldn't be met under more different circumstances.

Italian Ref is Bad for Italy, Maybe Good for EUR; Brexit Looks Soft

Meanwhile, several GBP-crosses are looking ripe for further gains as the Brexit saga softens by the day.

Euro Rallying as Italian Referendum Dashes MS5 Hopes

In winning the battle to unseat Italian PM Renzi, the Five Star Movement may have lost the war to gain power and take Italy out of the EU.

EUR/USD Set for Volatility with Italian Referendum, ECB Rate Decision in Sight

While a ‘No’ outcome would feed into the growing mindset that economic populism is sweeping the West’s advanced economic democracies, it would more or less keep the current politica...

Weekly Trading Forecast: Fed Hike Speculation Gives Way to ECB Taper

The Dollar ended this past week with a discernable lack of direction - despite holding just off 13-year highs. The FOMC decision is still more than a week away. Meanwhile, the ECB rate decision and Eu...

Mixed December US Jobs Report Gives Few New Reasons for USD Bulls

It's tough to see how, barring a blowout, today's US labor data report could help the recently overtly bullish US Dollar.

Preview for November US NFPs and Outlook for US Dollar, FOMC

It's tough to see how, barring a blowout, today's US labor data report could help the recently overtly bullish US Dollar.

EUR/GBP Continuation, GBP/JPY Reversal Gathering Pace

Brexit is increasingly looking like something that will occur in name only.

US Dollar Ready for More Gains versus Yen, Gold

USD/JPY and Gold are moving in lockstep again thanks to higher US real yields.

DXY with a Strong Technical Signal: EUR/USD, Gold in Trouble

Real yields are rising in the US, which means the US Dollar should be supported for the foreseeable future.

FX Markets Set for Volatility as Political Risk Increases; US NFPs on Friday

The last month of the year should bring fireworks for markets; the first week of December should set a strong tone for volatility henceforth.

Gold Breakdown Comes as US Treasury Yields, Real Rates Rise

The sharp rise in US yields since the US Presidential election have been the driving factor behind weakness in Gold.

Risks Increasing for Euro Ahead of Italian Constitutional Referendum

With economic populism sweeping the Western world, the Euro finds itself sandwiched between the French Republican primaries and the Italian constitutional referendum.

Weekly Trading Forecast: December Expectations Face Themes Like Brexit, Data Like NFPs

December is historically one of the more quiet trading periods of the year. However, an antsy market heading towards protectionism makes a docket loaded with events like US NFPs, an OPEC meeting and B...

British Pound Rallies as Autumn Statement Reveals New Fiscal Stimulus

The British Pound, alongside higher UK Gilt yields, is pushing higher this morning as UK Chancellor of the Exchequer Phillip Hammond presents the UK mini-budget to UK Parliament.