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

Traders of the EUR/USD pair interpreted the U.S. CPI report in favor of the U.S. dollar, despite the release being somewhat mixed. The report reflected an acceleration in both headline...

Over the past few months, Trump has repeatedly criticized the Federal Reserve for its reluctance to cut interest rates. According to the U.S. President, such a high rate (4.5%)...

Everyone gets what they want. Supporters of the U.S. dollar are pleased that American inflation accelerated in June, leaving the Federal Reserve with no grounds to cut the federal funds...

Incoming macroeconomic data from the UK appears distinctly weak. GDP unexpectedly declined by 0.1% in May instead of the forecasted 0.1% growth. The trade balance deficit exceeded expectations, industrial production...

The wave pattern on the 4-hour chart for EUR/USD has remained unchanged for several consecutive months. The formation of the upward trend section continues, and the news background continues...

The wave pattern for GBP/USD continues to indicate the formation of an upward impulsive wave structure. The wave setup closely mirrors that of EUR/USD, as the common driving force...

Trade Analysis and Recommendations for the Japanese Yen The price test at 147.78 occurred when the MACD indicator had already moved significantly above the zero line, which limited the pair's...

Trade Analysis and Recommendations for the British Pound The price test at 1.3445 occurred when the MACD indicator had just started moving up from the zero line, confirming a valid...

Trade Analysis and Recommendations for the Euro The price test at 1.1687 occurred when the MACD indicator had already moved well above the zero line, which limited the pair's upward...

Bitcoin buyers appear to be somewhat confused, as the FOMO currently dominating the market could backfire on those trying to jump on the "last train", — which, in reality...