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

Several macroeconomic publications are scheduled for Friday. For example, the EU will publish a retail sales report, but who in the market is interested in retail sales right...

The GBP/USD pair also rose during Thursday even though the macro backdrop suggested a decline. Recall that this week only the US ISM services business activity index supported the dollar;...

The EUR/USD currency pair rebounded from 1.1584 on Thursday after a two-week correction and is now attempting to resume its upward trend. If you analyze all the macroeconomic releases this...

Americans like to live well. They are used to living well. Certainly not all Americans throw money around and can buy whatever they wish. Still, no one will deny that...

A strong ISM services index could not support the US dollar: the devil, as always, was in the details. Additional pressure on the greenback came from the dovish rhetoric...

The EUR/USD pair declined for six days, but the bears' advance may now be over. Overall, it can be said with confidence that the bears truly attacked only last Friday...

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

The GBP/USD pair has lost its bullish momentum, but the bullish advance is not yet over. In my view, saving the pound is in the hands of the euro...

On Friday, September 4, the economic calendar contains at least two major releases. These are, of course, the Nonfarm Payrolls report and the unemployment rate. Needless to say, these reports...

Conversely, if crude oil falls below the Murray 6/8 level and below the 21-period simple moving average (SMA), we could expect a sharp decline, which could reach the 200-period exponential...