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

After Thursday, the euro and the pound held in a sideways channel despite continued pressure from the dollar, while the market focused on US rhetoric rather than European data...

New York Fed President John Williams said today that there is still much work to do on inflation, given high energy prices and AI-driven demand. He called the market view...

Over the past few days, CFTC Chair Michael Selig has been a frequent presence in the headlines. Selig has said bluntly that the agency will not wait for the CLARITY...

To understand this question, we need to recall a few facts. Last year the Federal Reserve was forced to cut the key rate three times because the labor market slowed...

The 4-hour (H4) chart for the USD/JPY pair shows a strong, sustained bullish trend. The price is currently trading around the 158.35 level, driven by high buying momentum following...

The GBP/USD pair continued its downward move on Thursday, but at a much slower pace than before. In fact, a slowdown in the pace of decline does not necessarily mean...

The EUR/USD pair continued its downward move on Thursday and tested the 1.1362–1.1368 support area more convincingly. Theoretically, this zone can stop the euro's uncontrolled fall, but we fully understand...

The GBP/USD pair traded lower on Thursday — no surprise. At this point it's not even about a pullback, let alone a correction or an uptrend. The pound is falling...

The EUR/USD pair continued its downward movement on Thursday, which by now probably surprised no one. Both this week and last week we repeatedly stated that the market keeps moving...

Few macroeconomic releases are scheduled for Friday, and the only important one is the US durable goods orders report. However, this report is important only on paper. In recent weeks...