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

The GBP/USD currency pair on Thursday followed the euro. The British pound had no independent drivers, so it showed a high correlation with its elder sibling — the euro...

The EUR/USD currency pair on Thursday moved in a completely different direction than expected. We understand that the European Central Bank's decision to raise key rates was known...

There are relatively few macroeconomic releases scheduled for Friday, and they are unlikely to excite traders. The UK will publish monthly GDP and industrial production, and the eurozone will publish...

The EUR/USD pair showed slightly higher volatility on Thursday than traders had grown used to recently, but it was still not high. The market's reaction to the European Central Bank...

The GBP/USD pair traded calmly on Thursday. The pair saw an emotional spike after the European Central Bank announcement, but overall moves remain weak. Traders should remember that trend...

GBP/USD moved on Thursday in the same direction as EUR/USD. Although the European Central Bank meeting had no direct relation to the pound, the high correlation with the euro caused...

EUR/USD again traded cautiously on Thursday, despite at least one important event. Yesterday, the European Central Bank released its meeting results and, for the second time in roughly three months...

The producer-price index release was the first of two key inflation prints this week. The report was mixed: year-on-year headline PPI growth picked up noticeably, but core metrics...

Can a rate hike turn into a currency selloff? The European Central Bank just proved it can. The central bank raised the deposit rate by 25 bp to 2.5%, tightening...

The wave count on the four-hour chart for EUR/USD is becoming more complex. There is still no question of canceling the upward trend segment (lower chart) that began in January...