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

The GBP/USD currency pair traded fairly quietly on Monday, as expected. The riots and nationwide unrest didn't hit the pound, so it didn't drop significantly. That said, it would...

The EUR/USD pair retraced slightly on Monday but traded fairly quietly overall. The day and the week began with a modest decline in the single currency, and most commentators —...

Several macroeconomic releases are scheduled for Tuesday, but few are truly market-moving—first and foremost, note UK unemployment and wages data. The Eurozone and Germany will publish the ZEW economic-sentiment indices...

GBP/USD showed no notable intraday moves on Monday. During the day, sterling eased slightly after bouncing off the trendline, but we believe the trendline will be breached. Remember that technical...

EUR/USD showed no meaningful moves on Monday, as expected. At the open, price dropped sharply, then recovered just as sharply, and that was essentially the extent of the action. Note...

On Monday, AUD/USD continued to strengthen, holding near the 200-day EMA around 0.6980; at the time of writing, the pair was up about 0.51%. The Australian dollar is supported...

On Monday, USD/CHF showed modest gains: the US dollar is recovering after last week's correction, which followed a sharp drop in US Treasury yields; at the time of writing...

The US dollar is falling despite accelerating US inflation and Brent climbing above $110/bbl for the first time since May. A week ago that combination would have pushed EUR/USD down...

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

The EUR/USD pair declined for 25 full days, apart from a few brief pauses. During this period, the euro lost 530 points, and its prolonged weakness began more than...