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

Real GDP growth in Q1 was slightly revised downward to +0.5% q/q and +1.8% y/y, compared with the initial estimate of +0.5% and +2.1%. The first quarter only partially reflected...

The Bank of Canada kept its key overnight interest rate unchanged at 2.25%, fully in line with market expectations. The overall tone of the statement and Governor Macklem's opening remarks...

Last week was relatively quiet in terms of New Zealand macroeconomic data. Following the Reserve Bank of New Zealand (RBNZ) meeting, no significant new information emerged, and market attention...

Next week, the Bank of England will hold its next meeting, and current market expectations lean towards the interest rate remaining unchanged. The main limiting factor for the central bank...

On Thursday, the European Central Bank will hold another monetary policy meeting. The market almost unanimously expects a 25-basis-point increase in interest rates. Recent statements from members of the Governing...

The US labor market report for May beat expectations: 172,000 new jobs were created versus an 85,000 forecast. Data for the two previous months were revised up — from 115,000...

The pound failed to establish a direction last week. Attempts at growth that began after yet another statement from Trump about the willingness to reach a peace agreement were blocked...

The minutes of the latest ECB meeting are filled with hawkish wording. The ECB framed the question of interest rate increases not as whether they will happen, but when they...

In April, consumer inflation in Japan declined. The core consumer price index (CPI) slowed from 1.5% to 1.4% year-on-year, while the core index excluding fresh food also decreased from 1.8%...

In April, the year-on-year inflation rate for consumer prices in the UK decreased from 3.3% to 2.8%. At first glance, this outcome may seem surprising; however, it can be explained...