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

A significant number of macroeconomic reports are set for Thursday, but only a few are truly important. The key reports to highlight are the GDP and industrial production data from...

The U.S. inflation data released on Wednesday stirred the markets: the dollar index dropped by 0.47%, WTI oil surged by 5.54%, gold rose by 1.27%, and 5-year U.S. Treasury yields...

On Wednesday, the British pound successfully avoided a decline below technical support levels, reversing upward from them. The price rebounded from the MACD indicator line on the daily chart, while...

The price correction since May 27 was complex and prolonged, posing a risk of a breakout above 146.11. However, this risk is no longer a concern with the reversal from...

The GBP/USD currency pair continued to trade very calmly on Wednesday. Naturally, when U.S. inflation data was released, we saw a brief burst of market reaction—though it didn't last long...

The EUR/USD currency pair continued to trade very calmly throughout Wednesday. The market showed no reaction whatsoever to the seemingly positive news regarding U.S.-China trade negotiations. Why? Because that positivity...

On Wednesday, the GBP/USD currency pair resumed its upward movement. As previously noted, the British currency currently has no valid reason to decline against the U.S. dollar—specifically, against the U.S...

The EUR/USD currency pair traded very differently throughout Wednesday. During the European trading session, the pair continued its sideways movement, which had persisted for several days. There was no macroeconomic...

For several consecutive days, protests and unrest have continued in some major U.S. cities, sparked by Donald Trump's new immigration policy. This time, the U.S. President has decided to deport...

A mixed U.S. inflation report pressured the greenback. The dollar index returned to 98.00, while the EUR/USD pair refreshed its weekly high, rising to 1.1491. Additional pressure on the U.S...