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

The EUR/USD currency pair unexpectedly plunged about 60 pips on Monday before the start of the U.S. session — a significant move in the current circumstances for a pair that...

Only a few macroeconomic publications are scheduled for Tuesday. In the UK, relatively important reports on unemployment, claimant counts and wages will be released today. In Germany...

The GBP/USD pair also resumed a downward move on Monday, forming a new descending trend line. There is no need to guess why the dollar is rising now. Although confidence...

The EUR/USD currency pair continued last week's trend on Monday. Recall that on Thursday and Friday the US dollar showed fairly strong gains based on... a renewed market belief...

The EUR/USD pair plunged sharply on Monday amid a rapid rise in hawkish Fed expectations. However, the market risks overestimating the central bank's willingness to tighten policy further, turning Monday's...

Bank of England chief Andrew Bailey admitted at Commons Treasury Committee hearings that inflationary risks are "tilted to the upside" and said plainly that volatility in energy prices is being...

Gold (XAU/USD), after marking a new monthly low, returned above $4,300. Further declines are being restrained as traders await key central-bank decisions this week before committing to a final directional...

The Elliott Wave structure of the four-hour EUR/USD chart is becoming more complex. There is still no question of invalidating the bullish trend segment (lower chart), which began in January...

The EUR/USD pair fell sharply, losing around 100 points over the past three days. Interestingly, the decline in the European currency began last Thursday, when the ECB made a decidedly...

The GBP/USD pair has lost its bullish momentum, and at the moment the chart structure looks as though the pound will continue to decline. The price reacted to bearish imbalance...