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

The GBP/USD currency pair traded calmly on Thursday, moving slowly and without much concern. Looking at the chart below, in the past 18 days, volatility exceeded 88 pips only once...

The EUR/USD currency pair traded quite sluggishly on Thursday, despite a truly significant event—the European Central Bank meeting and the first rate hike since 2023. Recall that...

The GBP/USD pair also experienced slight declines on Thursday, with the pivotal area remaining at 1.3301-1.3309. As long as it is not breached, talking about a continued decline is futile...

The EUR/USD currency pair continued its weak decline on Thursday, with low volatility and uncertain prospects. The market ignored yet another important fundamental event, simply brushing aside the European Central...

Following the June meeting, the Bank of Canada left all monetary policy parameters unchanged, thereby implementing the baseline and most anticipated scenario. Specifically, the main interest rate remains at 2.25%...

The EUR/CHF cross entered midweek with a confident rise, trading around 0.9220–0.9230 after bouncing off early-June lows of about 0.9130. The pair is exhibiting a stable upward trend amid...

"Buy the rumor, sell the fact." The move to raise the deposit rate from 2% to 2.25% at the June ECB meeting was already priced into EUR/USD quotes. The European...

Geopolitical developments continue to shift sentiment, preventing either bulls or bears from gaining full control. However, the balance is once again tilting in favor of the US dollar...

As long as the price remains above the psychological level of 50,000 points, this could be seen as a buying opportunity, with targets at 50,637 and at the upper band...

EUR/USD is trading around 1.1535, below the 21-period SMA and within a descending trend channel formed since the beginning of May. Technically, the euro is under bearish pressure...