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

Following the June ECB meeting, during which the central bank raised rates by 25 basis points and reaffirmed its commitment to fighting inflation, the market was confident that the tightening...

The labor market data released on Thursday was weaker than expected, triggering a rise in U.S. and European government bond yields and a weakening of the dollar against the euro...

Everything is understood in comparison. A year ago, Christopher Waller advocated for rate cuts, ready to endure a longer return of inflation to 2% since the shaky labor market outweighed...

The EUR/USD pair remains within a local bearish impulse, although the bulls have gained some opportunities over the past week and a half. Last week, the international economic forum...

The GBP/USD pair reversed in favor of the pound and posted a fairly strong advance that could mark the beginning of a broader bullish trend. In my view, the U.S...

While Bitcoin is struggling due to waves of selling from large market players, the Trump administration's plan to create a strategic Bitcoin reserve has run into an interagency tug-of-war...

The test of the 162.02 level occurred when the MACD indicator had already moved significantly above the zero line, which limited the pair's upward potential. For this reason...

The test of the 1.3385 level occurred when the MACD indicator was just beginning to move upward from the zero line, confirming a valid entry point for buying the pound...

Due to low market volatility, the price did not reach the key levels I identified during the first half of the day. The euro showed little reaction to the news...

Today, I traded the British pound using the Mean Reversion strategy. For the Japanese yen, I used the Momentum strategy. The euro largely ignored the news that Germany's industrial production...