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

Yesterday, the dollar strengthened against all major currencies after the Federal Open Market Committee (FOMC) unanimously voted to maintain the key interest rate at 3.75%. However, the sharp rise...

Several macroeconomic reports are scheduled for Thursday. In the UK, the unemployment rate and average wages will be released, while the U.S. will announce initial claims for unemployment benefits...

The GBP/USD pair traded lower throughout Wednesday. The British pound had been trading within a sideways channel of 1.3331-1.3476 for over a month, but yesterday it declined sharply, triggered...

The EUR/USD currency pair fell sharply on Wednesday, like a stone. While we cannot conclude that such a drop was entirely expected, there were grounds for a significant strengthening...

The EUR/USD currency pair traded calmly on Wednesday until the announcement of the FOMC meeting results, after which it declined sharply. The "dot-plot" showed that at least half...

The GBP/USD currency pair traded very calmly on Wednesday, just as it has throughout the current week. The British pound is suffering from the same ailment as the euro –...

The EUR/USD currency pair continued to trade with subdued volatility on Wednesday, moving slowly and with no expectation of anything extraordinary. As we regularly mention in our reviews, periods...

The GBP/JPY cross pair was demonstrating a downward trajectory on Wednesday in response to the UK's unfavorable inflation report. However, it may not be wise to trust this downward momentum...

The devil is in the details. Despite Donald Trump's assurances that the U.S. will not pay reparations to Iran, the mention of a $300 billion economic recovery program...

Inflation data released on Wednesday on both sides of the English Channel presented a similar picture—equally inconvenient for both the Bank of England and the European Central Bank: inflation...