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

Only a few macroeconomic releases are scheduled for Friday, and none are particularly important. In the Eurozone, the second estimate of September CPI will be published today and is unlikely...

The GBP/USD pair showed no notable intraday moves on Thursday, aside from the overnight recovery after yesterday's US inflation report. Essentially, on Wednesday and Thursday the pair plunged sharply, then...

The EUR/USD currency pair basically stood still all day Thursday, aside from an overnight rally as part of a double reaction to the recent US inflation reports. Recall that...

The US PPI and Retail Sales reports landed in the "green zone," bolstering dollar bulls. Although the retail-sales release has shortcomings (see below), producer-side inflation clearly sided with the greenback...

On Thursday, XAU/USD keeps an intraday bullish bias and is attempting to clear the 9-day EMA. Dollar weakness and falling US Treasury yields support the precious metal. The market's initial...

Tensions in the Strait of Hormuz have reached a critical point: the IRGC commander publicly vowed to sink US ships that approach the strategic waterway. In response, Tehran is urgently...

Bitcoin and Ether trade near weekly lows and show no signs of strength, and they may well fall further. Bitcoin holds near $81,000, Ether near $2,350, and yesterday's US inflation...

While the euro is trying to show strength to the dollar, the European Central Bank may have to adopt a slightly tighter stance. That view was expressed by Klaas Knot...

Despite yesterday's market slump, Standard Chartered has revised its stablecoin outlook. The bank now expects market capitalization to reach $2 trillion by 2030, two years later than its prior estimate...

Rising inflation in the United States has revived discussion about the possibility of interest rate hikes this month. Financial markets were caught off guard by US consumer inflation data, which...