The Currency Scene:
News, Events, and Stories about currency from around the world.

First-quarter US GDP data and an ECB monetary policy announcement headline an action-packed set of top-tier event risk in the week ahead.

US Dollar[1] Forecast: US Dollar Looks to GDP Data for Another Upward Push[2]

The US Dollar is eyeing first-quarter GDP data with hopes for another upward push having mounted a spirited recovery amid swelling Fed rate hike speculation.

British Pound Forecast: The Trend Remains Your Long-Term Friend[3]

Sterling traders have had a busy week with data prints and commentary from Bank of England Governor Mark Carney weighing on GBP[4].

Japanese Yen[5] Forecast: Yen Weakness Remains as Japanese Inflation Settles: The BoJ is On Deck[6]

After a spike in the early portion of the year inflation has started to settle in Japan, and with the BoJ on the calendar for next week, the door remains open for a continuation of Yen weakness.

Australian Dollar[7] Forecast: Australian Dollar Faces Potential Local CPI and US GDP Miss[8]

The Australian Dollar fundamental outlook is neutral as key local and US data might both underperform. Can risk trends take the spotlight in such a scenario?

Crude Oil[9] Forecast: OPEC Approaches 'Mission Accomplished' Moment in Jeddah, WTI nears $70[10]

Last week provided another feather in the cap for crude oil bulls with a combination of bullish comments from the IEA, tightening physical supplies from EIA, and OPEC’s progress.

Equities Forecast: S&P 500, DAX & FTSE - Outlook Shrouded in Uncertainty[11]

Looking ahead to next week, we’ll be more focused on letting the market show

Read more from our friends at Daily FX:

Pin It

The Logo Story

currensceneFLOGO WHTsquareThough not the oldest form of currency, some form of shell money appears to have been found on almost every continent. The shell most widely used worldwide as currency was the shell of Cypraea moneta, the money cowry.

Visit the CurrenScene Media Page