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News, Events, and Stories about currency from around the world.

Fed monetary policy remains in focus for financial markets as minutes from May’s FOMC[1] meeting and a speech from Fed Chair Powell cross the wires.

US Dollar[2] Forecast: US Dollar Aims to Extend Rally on FOMC Minutes, Powell Speech[3]

The US Dollar may continue higher as minutes from May’s FOMC meeting and a speech from Chair Powell boost Fed rate hike expectations further.

British Pound[4] Forecast: Plethora of UK Data to Dictate Near-Term Direction & BoE Policy[5]

GBPUSD[6] saw a somewhat calm week with the pair finding a base at 1.3450, while employment data remained robust. Key risk next week comes in the form of UK Inflation and GDP data.

Australian Dollar[7] Forecast: Australian Dollar Fall May Pause, If Only For Lack Of Data[8]

The Australian Dollar is unlikely to perk up meaningfully this week, but there is reason to suggest that it may not fall much further either

Chinese Yuan Forecast: Yuan May Gain Ahead of MSCI Inclusion; Risk from Trade Disputes Remains[9]

In less than two weeks, Chinese A-shares will be officially added to MSCI indices, which will likely boost the demand in the Yuan. At the same time, China may find more mutual interests with Germany than with US.

Crude Oil[10] Forecast: Brent Crude Steams Higher: Oil Sees 6th Weekly Gain, Tops $80[11]

What a week for crude! Brent traded at its highest premium to WTI in three years by trading above $80/bbl as bullish forces continue.

Equities Forecast: S&P 500, DAX & FTSE - Maintaining a Bullish

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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.

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