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

The GBP/USD currency pair continued its downward movement on Tuesday, Wednesday, and Thursday, and it has approached the Fibonacci 38.2% level on the daily timeframe. This level is corrective...

The EUR/USD currency pair resumed its decline on Thursday, even before the European Central Bank meeting results were announced. Recall that a significant macroeconomic data package was released yesterday...

The GBP/USD pair continued to show a decline on Thursday. This week, the British currency has been falling like a stone, and the reasons for this movement still raise many...

On Wednesday, the EUR/USD pair continued its downward movement, though the logic behind this direction can again be questioned. As a reminder, the Federal Reserve lowered the key interest rate...

Immediately after the FOMC meeting, Donald Trump commented on the central bank's decision. The American leader once again demanded a more significant reduction in interest rates to support the economy...

Jerome Powell directly stated that, in the absence of data, the Federal Reserve cannot form an opinion about the state of the economy. If it cannot, then it must "slow...

In recent years, every time the FOMC meeting comes up, I tend to repeat the same thing – the market consistently becomes a hostage to its own inflated expectations...

On Thursday, silver continued its recovery for the third consecutive day, trading near the round $49.00 level. The latest surge seems more driven by technical factors than by new fundamentals...

On Thursday, the USD/JPY currency pair hit an 8-month price high, firmly establishing itself within the 154 range. The yen reacted negatively to the outcomes of the Bank of Japan's...

The European Central Bank surprised no one and allowed markets to continue what they had been doing after the FOMC meeting—buying the US dollar. The deposit rate was kept...