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

Yesterday, the dollar rose against all major currencies and US Treasury yields jumped sharply. The reason was the data: the core Consumer Price Index rose 0.3% month-on-month versus a 0.2%...

Donald Trump is the best president in the world and in human history. At least, that's how journalists, media, and news portals treat him. Thanks to Trump, a huge number...

The GBP/USD pair plunged about 160 pips on Tuesday after the US inflation report... Inflation remains a key indicator for central banks, which many experts believe are currently driving exchange...

On Tuesday, the EUR/USD pair was entirely focused on the inflation report, which we will discuss further. Overall, the pair remains in a sideways channel that is already "a month...

No macroeconomic publications are scheduled for Wednesday. The exception is the second estimate of Germany's October inflation, which will be released as a revision. We do not expect the second...

The GBP/USD pair also showed a notable decline on Wednesday, which was triggered by US inflation rising 0.1% above forecasts on a monthly basis. It is clear that inflation...

The EUR/USD pair fell again on Tuesday, but once more within the sideways channel. As we expected, the US inflation report triggered a strong market reaction, but that report...

Another attempt to storm the 1.1260 resistance level (the upper Bollinger Band on D1) failed: buyers retreated again into the 1.11 area, reflecting the fragility of long positions. As last...

The euro and the pound have recovered well against the dollar and have erased Friday's tumble that followed strong U.S. labor data. Recall that unemployment fell to 4.1% in October...

Westpac's consumer confidence index fell 2.7% in November to 78.2 points, reaching its lowest level since late 2022. Notably, among mortgage borrowers, the index plunged 11.6% to 68.1 points —...