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

Yesterday, the pound came under heavy U.S. pressure and gave up much of its gains. Today the pair has already slid to about 1.3288, and sterling has little to defend...

The dollar strengthened noticeably against the euro yesterday, and the pair lost another roughly 30 pips overnight, falling to about 1.1121. The euro again played the laggard. The main surprise...

The GBP/USD pair continued to fall on Tuesday, despite no strong fundamental reasons for renewed dollar strength. The only event on Tuesday that could have boosted the dollar...

The EUR/USD pair continued to fall on Tuesday, moving ever lower. Formally, the euro managed a correction of roughly 100–120 pips before the new decline. We view that move...

The GBP/USD pair traded lower on Tuesday, again without a single compelling fundamental reason. We do not bother traders with every secondary release trying to explain every move. Note only...

The EUR/USD pair traded lower again on Tuesday and by midday hovered near the previous local low — also the lowest level in roughly 18 months. Ask why the euro...

Very few macroeconomic releases are scheduled for Wednesday, and none of them are material. We see no reason to draw traders' attention to clearly secondary reports unlikely to move...

The GBP/USD pair traded lower throughout Tuesday. Unlike the euro, sterling showed a reasonably strong correction earlier, but it still leaves hope for a proper uptrend. Recall that the pound...

The EUR/USD pair continued downward on Tuesday and lost another roughly 120 pips over the past four days for no particularly good reason. After a month-long drop of about...

The USD/JPY pair shows positive dynamics for the third day in a row, continuing to retrace the drop to the October low near the round 156.00 level recorded last week...