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

Today, there may be a turning point in the market, which everyone has been expecting since the meeting of the Federal Reserve. It is all about the fact that today...

For Friday, the lineup of macroeconomic events is quite considerable. Let us start with the US reports as they can be crucial for the US dollar. In recent weeks...

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...

Forex intervention is effective when it is carried out on time. Japan has mastered this art in the course of time. The monetary authorities entered Forex for the second time...

The complexity of the situation when the economy is losing growth and inflation is rising, which is called stagflation, forced the Federal Reserve to act extremely cautiously yesterday...

Today, on the back of rising US Treasury yields, the price of gold is falling. Yesterday, on Wednesday, Federal Reserve Chairman Jerome Powell said that inflation is too high...

There are fewer macroeconomic events on Thursday, and none of them are crucial. The second estimates of the manufacturing Purchasing Managers' Index (PMI) for Germany and the EU will...

Apparently, the Japanese authorities did conduct a currency intervention on April 29th. The USD/JPY pair came close to the 160 mark, after which it quickly fell to 154.50. A weak...

There are more macroeconomic events on Tuesday, and they are quite significant. It all starts in Germany, where reports on GDP, retail sales, and unemployment will be published. Like before...

The net long USD position increased by 7.2 billion to 32.6 billion over the reporting week. Speculative investors are actively buying the dollar, as they increasingly believe that...