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

The GBP/USD currency pair showed a fairly confident rise during the day on Tuesday, and the most important question for traders now is, "Why did the dollar strengthen...

The EUR/USD currency pair traded relatively weakly on Tuesday, which is not surprising given the complete absence of any news. We are no longer inclined to discuss geopolitical news...

The GBP/USD currency pair attempted once again to breach the support area of 1.3465-1.3480 on Tuesday but was unsuccessful once more. Thus, the sideways channel of 1.3465-1.3588 remains relevant. Additionally...

The EUR/USD currency pair continued to exhibit low volatility throughout the day on Tuesday. The fundamental, macroeconomic, and geopolitical backgrounds were again absent, leaving traders with nothing to react...

On April 30, the ECB will hold its next meeting. A month ago, the market was almost certain the rate would be raised by 25 basis points, allowing the euro...

The Strait of Hormuz remains blocked, negotiations between Iran and the U.S. are "ongoing," and the situation is stagnating where it was a few weeks ago, while the market seems...

Ahead of Jerome Powell's latest meeting at the helm of the Federal Reserve, another significant fact cannot be overlooked. This month, the U.S. Department of Justice closed the case against...

The USD/JPY pair is showing increased volatility amid contradictory outcomes from the Bank of Japan's April meeting. The pair exhibited heightened volatility on Tuesday as it reacted to the outcomes...

Macroeconomic data from the United Kingdom published last week appeared mostly positive. PMI indices rose in April in both sectors, and retail sales growth in March exceeded forecasts, meaning concerns...

The wave pattern on the 4-hour chart for EUR/USD has changed. There is still no indication of a cancellation of the upward trend segment (lower chart), which began in January...