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

The GBP/USD currency pair tried to extend its rise on the third trading day of the week but ultimately collapsed. The pound traded within a local sideways channel for 2.5...

The EUR/USD currency pair eased slightly on Wednesday, then resumed its decline. Market moves have been fairly weak over the past week, but on Wednesday the price happily collapsed following...

Only a few macroeconomic releases are scheduled for Thursday. Some are noteworthy, but over the past month—or longer—the FX market hasn't moved on macroeconomic data. We would not be surprised...

The GBP/USD pair plunged during Wednesday and then almost fully recovered. From our point of view, after the US inflation report, we saw another wholly illogical dollar rally. Although consumer...

The EUR/USD currency pair plunged like a stone again on Wednesday. This time the trigger was the US inflation report, which came in 0.1% above forecasts. Judge for yourself whether...

The September producer-price release — up 6.8% year-on-year — may seem to signal a slowdown in inflationary pressure along production chains (consensus was 7.6%). However, import prices in yen soared...

The dollar is rising across markets in reaction to the US consumer-price release. The print came in stronger than expected — many components landed in the "green zone," reflecting acceleration...

The wave count on the four-hour EUR/USD chart has become more complex. On the higher time frame (lower chart), the downward trend segment has taken the form of a five-wave...

The GBP/USD pair was in near free fall for eleven days, but for the past three weeks, the bulls have been putting up desperate resistance against the bears, preventing them...

The EUR/USD pair has declined for 25 consecutive days, with only brief pauses. During this period, the euro has lost 530 points. The decline began more than a month...