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

The GBP/USD currency pair showed an increase of 150 pips on Wednesday. The British currency has been rising for three consecutive weeks, and we consider this development entirely justified. Recall...

The EUR/USD currency pair showed quite a decent increase on Wednesday, but much of it again occurred within the sideways channel. Recall that this week at least two reports were...

The GBP/USD currency pair surged upward on Wednesday for no apparent reason. On Tuesday, the pound also exhibited volatility of more than 100 pips, which can be easily explained...

The EUR/USD currency pair continued to trade within a narrow sideways channel on Wednesday, which is clearly visible on the 4-hour timeframe. On Tuesday, inflation data for June was released...

XAU/USD: The key level of 4000.00 remains the main watershed for short-term dynamics. As the week continues, the market will carefully monitor any new signals from the Fed and developments...

Slow and steady wins the race. The U.S. dollar has decided to take a break after the drop experienced the previous day. The reason for the plunge was significant: U.S...

The price of West Texas Intermediate (WTI) crude oil is consolidating around the July high of approximately $80.60, attempting to break and hold above the 50-day EMA. The rise...

The gap between interest rates in the UK and Japan, along with the economic risks associated with the conflict in the Middle East, is putting pressure on the Japanese...

The Producer Price Index (PPI) report released today became the second consecutive indication of easing inflationary pressure in the United States, following yesterday's Consumer Price Index (CPI) data. This...

The wave pattern on the 4-hour chart for EUR/USD continues to evolve. There is still no indication that the upward trend segment (shown in the lower chart), which began...