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

Two macroeconomic publications are scheduled for Wednesday. In the Eurozone, the industrial production report for May will be released, while in the U.S., the Producer Price Index (PPI) for June...

The GBP/USD pair showed good growth on Tuesday, fueled by the U.S. inflation report, which unexpectedly came in lower than forecasts. As a result, the British currency received market support...

The EUR/USD currency pair remained within a sideways channel on Tuesday, confined between 1.1377 and 1.1461. The hourly timeframe illustration clearly shows that the price has been trading between these...

The GBP/USD currency pair traded only after the release of the U.S. inflation report on Tuesday. Once the report was published, the price immediately surged...

The EUR/USD currency pair continued to trade within a sideways channel on Tuesday, between 1.1362 and 1.1461. Thus, we have been dealing with a flat for over two weeks. With...

The GBP/USD currency pair also traded very cautiously on Tuesday, despite Kevin Warsh's speech, the publication of the U.S. inflation report, and a new escalation in the Middle East...

The EUR/USD currency pair traded rather calmly on Tuesday, although in the second half of the day we did see a surge in market volatility. In this article, we would...

Iran's third trump card, which has not yet been played, is the Bab-el-Mandeb Strait. Previously, Tehran had threatened to blockade this second vital strait in the Middle East...

As I have mentioned in my previous reviews, time is working against Donald Trump, and Iran knows its current position well and is using it to the fullest. Let's ponder...

The recently published report on U.S. CPI growth has not favored the greenback. All components of the release came in the red zone, reflecting a slowdown in inflation. This...