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

The pound once again responded very well to the Mean Reversion strategy today. I traded the Japanese yen using Momentum. According to the data, eurozone retail sales fell by 0.6%...

The EUR/USD pair continued to rise on Thursday and consolidated above the 100.0% retracement level at 1.1620. Thus, the euro's rise may continue today toward the next Fibonacci level...

On the hourly chart, the GBP/USD pair reversed in favor of the British pound on Thursday and consolidated above the 1.3526 level, allowing traders to expect further growth toward...

Concerns about energy-driven inflation are bolstering the prospect of Fed tightening and further constraining gold price gains. Gold (XAU/USD) has eased slightly, interrupting a two-day advance amid a modestly stronger...

According to the CME FedWatch tool, the probability of a Fed rate increase at the September meeting is currently about 50%. The alternative—a pause—has roughly the same odds. The scales...

While Bitcoin and Ether are printing fresh monthly highs, large players continue to man oeuvre on multiple fronts. Yesterday one major institutional holder completed a four?day sale of ether, moving...

Gold appears to have stabilized around $4,480 an ounce after rising more than 2% on Thursday. Silver edged up 0.1% to $66.90, while platinum and palladium were essentially unchanged...

Federal Reserve Governor Christopher Waller said his next rate decision will be heavily influenced by August inflation data due next week. In prepared remarks he sounded close to supporting...

The stock market decided to pre-count future macro figures and delivered its best day in a month. The rally was unusually broad: every S&P 500 sector except three closed higher...

US equity indices finished yesterday with robust gains. The S&P 500 rose by 1.06%, the Nasdaq 100 jumped by 1.40%, and the Dow Jones Industrial Average climbed by 1.18%. This...