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.



USD/JPY Breaks Symmetrical Triangle, at Fresh Yearly Lows on Trade Concerns

A rush to the safe havens over the past 24-hours has seen the US Dollar struggle versus its peers.

The Impact of Tariffs and Trade Wars on the US Economy and the Dollar

A look back at history - both recent and not so recent - shows why the concept of trade wars is bad for the US economy and the US Dollar.

USD Reeling after Fed’s Dovish Hike; GBP a Buy on Dips around BOE

No move expected today, but the BOE meeting should keep traders' attention tuned in to a 25-bps hike at the May meeting.

US Dollar Whipsaws Around March FOMC Decision - No Direction

Given the balance of risks, the initial decision appears to be a wash for the US Dollar – neither good nor bad.

DXY Index Trades Sideways into March FOMC Meeting - What to Expect

The DXY Index will have a difficult time breaking through 91.01, the key level eyed before a bottom can be called.

DXY Index Coiling Ahead of FOMC Meeting Tomorrow

Meanwhile, the British Pound has eased off following this morning's round of February price data.

FX Markets Look to UK & Japanese CPI; FOMC, RBNZ, & BOE Meetings

Three central bank meetings are on tap this week between Wednesday and Thursday, increasing the odds of significant volatility in FX markets mid-week.

Euro at the Behest of Trade Tensions, FOMC and BOE Meetings this Week

Central bank meetings in the United Kingdom and the United States will overshadow anything coming out of the Eurozone this week.

Weekly Trading Forecast: All Eyes on Fed Policy Announcement

A much-anticipated monetary policy announcement from the Federal Reserve will shape price action across financial markets in the week ahead.

Central Bank Weekly: Looking Ahead to Next Week’s FOMC Meeting

March Fed rate hike odds remain at 100%, but odds for four hikes in 2018 are still below 40%.

US Dollar Hampered by Downswing in Q1 Growth Expectations

USD/JPY failed to close above its daily 21-EMA earlier this week, and EUR/USD remains rangebound between two recent key reversals.

DXY Index Recovery Hinges on CPI; USD/JPY Through Daily 21-EMA

The February US CPI report will help shape expectations for the US Dollar today and the FOMC meeting next week.

USD/JPY Downtrend Remains; Potential Pennant in GBP/USD

Domestic issues in Japan and the UK are proving to be the major influences in FX markets at the start of the week.

FX Markets Turn to US CPI & Retail Sales, Kiwi GDP, SNB Rate Decision

The ides of March see the calendar thin out considerably, bringing to the forefront data that usually goes unnoticed by market participants.

Euro Adrift amid Light Calendar, at Whims of Other Currencies

The upcoming calendar this week is exceptionally light, meaning the Euro isn’t in control of its own fate over the coming days.

USD/CAD, USD/MXN Drop as Trump Backs Off Hardline on Tariffs

The prospect for Canada and Mexico, among other countries, to be exempt from the 10% aluminum and 25% steel tariffs has given room for the Loonie and Peso to recover.

Euro Turns to ECB for Directional Cues: EUR/GBP, EUR/USD in Ranges

Today's meeting will produce one of the four each year that sees a new set of Staff Economic Projections.

US Dollar Back in Downtrend as Trade War Rhetoric Intensifies

Meanwhile, the Canadian Dollar remains weak ahead of the Bank of Canada rate decision today.

US Dollar, Japanese Yen Sink as ’Risk On’ Sentiment Surges

Signs that Congress is against US President Trump's tariffs plus a push for peace talks with North Korea have seen risk appetite improve.

FX Markets Await RBA, BOC, ECB, BOJ Decisions and US NFP

The first full week of March brings forth an economic calendar supersaturated with central bank activity.