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

Statistics Canada reported that real GDP in July remained at CAD 2.372 trillion, equivalent to zero percent month-on-month growth and below economists' consensus of +0.1%. June's growth was revised...

Preliminary September PMI data from S&P Global showed further momentum loss. The composite index fell to 51.7 from 52.5 in August; services declined to 51.7 from 52.5, while manufacturing output...

The PMI data for September, released on September 23, were unexpectedly strong. The eurozone composite PMI rose to 53.1 — the highest since April 2023 — beating forecasts and marking...

Immediately after the September rate hike, FOMC members went on the offensive. On Friday, September 25, three officials simultaneously sent hawkish signals. Beth Hammack (Federal Reserve Bank of Cleveland) said...

Last week's GDP report showed the economy grew 0.2% in Q2 after a revised 0.9% rise in Q1. This is the fourth consecutive quarter of growth and materially beats...

Inflation accelerated to 3.1% y/y in August, reaching a five-month high and rising noticeably from July's 2.9%, while core inflation remained at 2.6% for the fourth consecutive month. The headline...

After the ECB meeting on September 10, the market considered it highly likely that the ECB would raise rates three more times by the end of the year. However, after...

On September 16, the Fed raised its policy rate by 25 basis points to 3.75–4.00%. This was the first increase since July 2023. The updated dot plot showed the median...

Bank of England chief Andrew Bailey admitted at Commons Treasury Committee hearings that inflationary risks are "tilted to the upside" and said plainly that volatility in energy prices is being...

Last week's published Australian Q2 GDP data looked positive on the surface, but a closer look shows that growth of 1.5% in H1 is nearly half the pace seen...