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

Only the Canadian dollar performed very well today using the Mean Reversion strategy. I traded the yen using the Momentum strategy, but it did not deliver impressive results. Strong data...

Conflicting inflation data in the United Kingdom pressured the British currency. Although many components of the release printed in the green, traders interpreted the result as unfavorable for sterling...

Concerns about inflation are reinforcing expectations of less dovish Federal Reserve policy and putting additional pressure on the non-yielding precious metal. Fundamental factors favor bearish traders and confirm the likelihood...

Risk assets fell against the US dollar on news that ship traffic through the Strait of Hormuz on Thursday stopped completely after Iran fired on merchant vessels and claimed...

Oil prices continued to climb for a third trading session on Thursday. The rise is being supported by two factors at once: stalled peace talks between the US and Iran...

The EUR/USD pair continued its decline on Wednesday after consolidating below the 50.0% retracement level at 1.1745, heading toward the next Fibonacci level of 38.2% at 1.1666. A rebound from...

On the hourly chart, the GBP/USD pair on Wednesday once again rebounded from the resistance level of 1.3513–1.3539, while the bears again failed to push the pair downward. The probability...

The market prices in everything. If the S&P 500 and the Nasdaq Composite are hitting new record highs, investors must know something. Yes, US–Iran talks collapsed, the Strait of Hormuz...

Today, Bitcoin notched a new record during Asian trading, signaling continued interest from large investors. However, it is difficult to predict how long this surge in demand will last...

Oil prices have risen for the fourth consecutive day as the US and Iran continue their struggle for control over the Strait of Hormuz after failing to conduct...