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

The inflation data published yesterday in the USA caused quite a stir. Inflation unexpectedly rose in March, confirming its resilience and reluctance to decrease towards the Fed's target level...

On Thursday, the market observes somewhat contradictory dynamics of the dollar. It weakens in the DXY index, which primarily consists of the euro, but strengthens against safe-haven assets—the yen, franc...

EUR/USD dropped into the zone of the medium-term bearish market after breaking through the zone of key support levels at 1.0840 (50 EMA on the daily chart), 1.0830 (144...

Despite the ongoing trend of the strengthening dollar, USD/JPY has remained within a narrow range near the 151.50 mark for the 8th consecutive trading day, fluctuating between the levels...

The results of the Bank of England's March meeting and comments from its leaders exerted pressure on the pound and the GBP/USD pair. The next day, the pair tested...

At the beginning of the week, the last in this month and quarter, the dollar is slightly losing its positions, declining for the second trading day from the local 4-week...

After reaching a local high of 151.86 last week, the USD/JPY pair today remains within a range between the levels of 150.30, 151.00, and 151.80 for the third consecutive trading...

At the start of the month, EUR/USD tested the critical resistance level of 1.0980 (200 EMA on the weekly chart). Following this, the currency pair shifted into a decline. Consequently...

Despite economists and gold market analysts considering that the price of gold has gone too far, expecting any significant correction in the current situation is not necessary. Moreover, further growth...

The dollar sharply weakened and continued its decline today after the Federal Reserve meeting concluded last Wednesday. Its outcomes indicated that the Fed officials seem inclined towards a rate...