FX.co ★ Daily Forex Analytics. Forecast of the currency exchange rate for today

Third time's the charm. Did the Bank of Japan intervene in the Forex market for the third time in the past two and a half weeks? Or was the sharp...

After the party comes the hangover. The EUR/USD surged to its highest levels since the end of March, and it brings a sense of deja vu. Back then, just...

As expected, the U.S. economy cools, and with it, interest in the dollar is declining. The American exceptionalism, where the U.S. significantly outpaced other major world economies in growth rates...

Rumors about the US imposing additional tariffs on imports from China temporarily stopped the EUR/USD bulls from attacking. The trade wars create a tailwind for the US dollar...

Between order and chaos. This is how one can characterize the current behavior of the currency market. On the one hand, it correctly reacts to different rates of economic growth...

Disappointing data from Germany and the realization that Europe will lower its rates before the United States knocked some sense into the EUR/USD bulls. Following the decline in production orders...

EUR/USD bulls were somewhat disappointed with the unexpected decline in German industrial orders by 0.4% m/m in March, but they weren't completely discouraged. The indicator failed to meet Bloomberg forecasts...

The Bank of Japan has greatly scared speculators on the USD/JPY pair. No matter how concerned the US is about currency interventions and no matter what the market says that...

The first signs of weakness in the US labor market provided a strong argument that the EUR/USD correction would develop into breaking the downtrend. This requires further cooling...

The Federal Reserve decided to exercise patience. Fed Chair Jerome Powell was absolutely clear about this. Unlike previous FOMC meetings, where he asserted that the federal funds rate would...