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

Gold has stabilized around $4,120 per ounce today. Meanwhile, traders are assessing the implications of the renewed hostilities in the Middle East and the prospects of a rate hike...

The US dollar continues to lose ground, while the euro, pound, and other risk assets are quickly taking advantage of this. The reduction of tensions in the Middle East yesterday...

No macroeconomic publications are scheduled for Friday. Therefore, traders will once again have nothing to react to. Movements will again be purely technical for both currency pairs. Only geopolitical factors...

The GBP/USD pair continued its upward movement on Thursday and persists in this trend into Friday. Thus, the British pound continues its essentially baseless rise, lacking local reasons. However, this...

The EUR/USD currency pair showed no interesting movements during trading on Thursday, and there were no significant macroeconomic reports or fundamental or geopolitical events throughout the day. Thus, traders...

The GBP/USD currency pair continued its upward movement on Thursday without any local reasons or foundations. The British currency has been rising for two and a half weeks...

The EUR/USD currency pair continued to trade with minimal volatility and no clear direction on Thursday. Nevertheless, with difficulty and struggle, the euro maintains its upward trend and northern movement...

The GBP/USD currency pair rose again on Thursday, despite no grounds for the move. Interestingly, during the period when the pound was falling every day, nearly all experts were proclaiming...

The EUR/USD currency pair once again failed to impress with its movements on Thursday. The illustration below clearly shows that since last Friday, the pair has struggled to move more...

Amid yet another escalation in the Middle East, the minutes from the June Federal Reserve meeting went unnoticed, proving less hawkish than many market participants had expected...