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

The euro and the pound briefly rose in the Asian session yesterday, but dollar demand returned, and both currencies fell almost in sync. When EUR and GBP behave so similarly...

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

Iran's Islamic Revolutionary Guard Corps navy struck a supertanker in the Strait of Hormuz. According to Tehran, the vessel had turned off its automatic identification system and was following...

The GBP/USD currency pair also traded lower on Monday, yet the pound has successfully withstood the dollar for two and a half weeks. For two and a half weeks...

The EUR/USD currency pair resumed its decline on Monday after a week-long pause. The market had no new, weighty reasons to keep selling EUR/USD, and no major news emerged during...

The GBP/USD currency pair traded quietly on the first day of the week, as expected. While the euro fell sharply again, the British pound remained stable. The pound has been...

The EUR/USD currency pair moved fairly calmly on Monday, but with a downward bias again. Last week, we saw a brief pause, but that marked the end of the euro's...

Very few macroeconomic releases are scheduled for Tuesday, and none are important. Germany will publish its second estimate of September inflation, which is unlikely to differ from the preliminary reading...

The GBP/USD pair also moved lower on Monday, but overall the pound has traded in a sideways channel for more than two weeks. As a result, the pound has found...

On Monday, the EUR/USD currency pair continued its downward move. Last week, traders paused, hoping for at least a minor correction in the euro. However, after Monday, it is clear...