Christopher Vecchio

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 China Trade War & a Brief History of Trade Wars – 1900 until Present

In this report, we look at some of the key events that have promoted and stymying global trade from 1900 to the latest US China Trade War.

US Dollar Winning Streak Extends to Five Days

Even with US Treasury yields taking a step backwards this morning, the DXY Index has been able to push to a fresh 2018 high again this week.

Gold Price Drops as US Treasury Yields Push Higher

A stronger US Dollar on the back of higher US Treasury yields (both nominal and real) has paved the way for lower Gold prices.

EUR/USD Open to Further Losses; USD/JPY Eyes Bullish Resolution

Soft Eurozone inflation figures and the rise of a Euroskeptic government in Italy have the Euro on its back foot again today.

US Dollar Pacing to Fresh Yearly Highs as US Yields Jump

With the US Treasury 10-year yield at its highest level since July 2011, the DXY Index has hit a fresh high for 2018.

FX Markets Turn to US Retail Sales, EZ, Canada, Japan CPI

The only 'high' rated data release for the United States comes out on Tuesday in the form of the Advance Retail Sales report for April.

Euro Forecast: EUR/USD Weakness Can Resume if EZ CPI Declines Again

The upcoming update to the April Eurozone CPI report could easily undermine EUR-crosses mid-week.

Weekly Trading Forecast: Fed Freshmen, Europe and Japan Data Eyed

Financial markets eye confirmation hearings for two new Fed officials as well as CPI and GDP data from Europe and Japan in the week ahead.

Central Bank Weekly: British Pound Slides Alongside 2018 BOE Rate Hike Odds

The BOE’s decision to keep rates on hold today marks the culmination of a tumultuous few weeks of trading for the British Pound.

US Dollar Rally Stalls but Uptrend to Remain in Place

US Treasury yields continue to stay elevated, underpinning US Dollar strength.

US Dollar Hits Pause after FOMC, Awaits Clues for April NFP

The DXY Index has paused after rallying into the November 2017 swing low and January 2018 swing high, 92.50/65.

US Dollar Drops as FOMC Turns Hawkish on Inflation, Dovish on Growth

The Federal Reserve kept its main overnight rate on hold at 1.50-1.75% as expected, while upgrading its outlook for inflation and downgrading its assessment on growth.

US Dollar Outlook for the May FOMC Meeting

The FOMC meets today at 14 EDT/18 GMT and while no rate move is expected, the policy statement should have a hawkish hue.

US Dollar Rally Continues to Build, Nine Gains in 11 Days

The greenback is being pushed higher by the Trump administration's announcement on delaying tariffs, as well as speculation around the FOMC decision tomorrow.

FX Markets to Focus on RBA & FOMC, Eurozone GDP & CPI, US NFPs

The RBA meets on Tuesday while the FOMC meets on Wednesday, although the latter will be markedly more hawkish than the former.

Euro Forecast: EUR/USD Weakness May Persist as Inflation Rates Decline

While there the data due out this week aren’t on the scale of the ECB meeting last week, softer growth and inflation readings could still keep the Euro on its back foot as the calendar turns in...

Fed Meeting, US Jobs Data Headline Action-Packed Trading Week

Financial markets are bracing for an action-packed trading week headlined by the Fed monetary policy announcement and April’s US jobs data.

Central Bank Weekly: US Dollar Breaks Year-long Downtrend as US Yields Jump

The rise in US Treasury yields and bump in rate hike expectations coincides with the US Dollar breaking a year-long downtrend.

Euro Dips as ECB Holds Rates, Makes No Changes to Policy Statement

The Euro has proven mostly stable around the ECB rate decision as the central bank made no changes to its policy statement from last month.

US Dollar Continues to Follow Rise in US Treasury Yields; ECB Tomorrow

The US Treasury 10-year yield is pushing its January 2014 high of 3.040% percent, giving the DXY Index an opportunity to retest the 2017 low at 91.01.