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

There are very few macroeconomic publications scheduled for Wednesday. The only noteworthy report is the ADP report on private-sector employment changes, but who cares about it now, especially given that...

The GBP/USD pair resumed its downward movement on Tuesday, a move that is completely justified from a technical standpoint. Recall that at the end of last week, the British pound...

The EUR/USD currency pair traded very calmly on Tuesday, even though quite important data was published in both the Eurozone and the U.S. yesterday. It started with inflation...

Inflation in the UK rose in July, and a key point to keep in mind is that the acceleration is purely energy-driven. The UK's GDP for the second quarter grew...

Gold is undergoing a significant correction after the August rally, driven by a sharp shift in expectations regarding the Fed's rate. Pressure on the metal remains high, and key labor...

Inflation in the Eurozone accelerated to the highest level since 2023, yet the euro came under pressure. The market ignored the energy surge in the CPI, focusing instead...

The EUR/USD exchange rate declined by 15 basis points on Tuesday, but it may recover all of its losses and move into positive territory...

The EUR/USD pair declined for six days, but the bears' advance may now be coming to an end. Overall, it can be said with confidence that the bears truly attacked...

The GBP/USD pair found itself between two imbalances — 26 and 27 — on Monday, and the technical picture remained unchanged on Tuesday. At the same time, imbalance 27 cannot...

Trust, but verify. This principle is more relevant than ever in Forex. Investors have been dissecting Fed Chair Kevin Warsh's speech in Jackson Hole for three days, trying to understand...