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

EUR/USD continued to decline on Wednesday after rebounding from the 61.8% Fibonacci retracement level at 1.1578, moving toward the 76.4% Fibonacci level at 1.1514. Bearish pressure remained extremely weak despite...

On the hourly chart, GBP/USD rebounded from the 50.0% Fibonacci retracement level at 1.3408 on Wednesday, declined to the 1.3349–1.3355 support level, and then rebounded from that area...

Rising tensions between the United States and Iran, along with expectations of a Federal Reserve rate hike, are limiting deeper losses in the US dollar and restraining gains in gold...

The dollar ticked up slightly after the May CPI report confirmed the market's worst fears. Inflation in the US accelerated to 4.2% year-on-year — the highest since early 2023...

The US dollar strengthened on news that the United States continued striking Iran. Yesterday, US Central Command reported a new wave of additional strikes — Marine Corps, Air Force...

Given the strong market pessimism about the crypto market's future, Grayscale released a report yesterday that sharply contrasts with prevailing market sentiment. According to a few on-chain indicators, Bitcoin already...

After yesterday's heavy sell-off, gold is recovering slightly today, up about 0.6% to around $4,108 an ounce. Volatility remains unprecedented: within a single session, the metal first plunged 4%...

Yesterday, US equity indices finished sharply lower. The S&P 500 fell by 1.87% and the Nasdaq 100 dropped by 1.62%. The Dow Jones Industrial Average lost 1.98%. Today, markets...

Today, the European Central Bank meeting will take place, and markets expect a hike in the key interest rate. The critical question remains: will this support the euro? Currently...

Bitcoin and Ethereum saw slight increases yesterday following the US inflation data. However, Bitcoin is still trading below $63,000, while Ethereum cannot seem to establish itself above $1,650. Meanwhile, outflows...