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

Yields and stocks traditionally move in opposite directions. Higher borrowing costs usually pressure corporate profits. Yet the 10?year US Treasury yield climbed to its highest level since 2002, while...

Bitcoin and Ethereum remain on pause before... another leg up? Or a correction? Notably, the two most important recent events for the crypto world were arguably negative rather than positive...

The test of 158.04 occurred when the MACD indicator had moved well up from the zero line, which limited the pair's upside potential. For that reason...

The test of 1.3218 occurred as the MACD indicator began moving down from the zero line, confirming a good entry point to sell the pound. As a result, the pair...

The test of 1.1198 occurred as the MACD indicator was starting to move down from the zero line, confirming a good entry point to sell the euro. However, a major...

The dollar eased slightly after yesterday's US data but remained strong, which did little for the euro or the pound. The euro enters Tuesday after Monday's fall to the lowest...

The S&P 500 is holding near record highs, supported by a repricing of Fed hike odds but constrained by high bond yields and narrow market breadth. The key level...

Bitcoin has ended a local flat and broken out into wider territory. However, confidence remains low that the leading cryptocurrency will continue to rise. Two facts are particularly troubling. First...

The GBP/USD pair was also biased lower on Monday but once again held above the 1.3179–1.3187 area. Thus, it's possible the pound has found a "bottom" and over the past...

The EUR/USD currency pair again showed a fairly strong decline on Monday. Moreover, that decline occurred before the European trading session opened, and during the European and American sessions...