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

The Reserve Bank of Australia (RBA) has, as expected, cut the interest rate by 25 basis points, from 3.85% to 3.60%. The market hardly reacted to the move...

The Reserve Bank of New Zealand's quarterly survey of inflation expectations showed a decline from 2.29% to 2.28% over the two-year horizon, providing strong evidence that inflation is stabilizing near...

The net short position in USD against major global currencies decreased by 4.2 billion over the reporting week, to -7.1 billion, the lowest level since April. The dynamics of positioning...

Following the release of the US employment report, the yen strengthened, and the Nikkei index fell by more than 900 points. Analysts at Mizuho note certain similarities with the strong...

Canada's economy is slowing down. The latest car sales report showed a 3.2% m/m decline in July, marking the fourth consecutive monthly drop following a spike in March when consumers...

The Industrial Production Index rose by 1.7% m/m in June, marking the first increase in three months. This result contradicted market expectations (Bloomberg had forecast a decline of 0.8% m/m)...

As we previously noted, to confidently forecast the Reserve Bank of New Zealand's (RBNZ) actions at its upcoming August meeting, two key reports were needed — on inflation...

The annual inflation rate in Tokyo declined from 3.1% in June to 2.9% in July. The core index, excluding food and energy prices, also slowed from 3.1% to 2.9% year-over-year...

Canada's Consumer Price Index rose in June from 1.7% y/y to 1.9%, while core inflation increased from 2.5% y/y to 2.7%. This growth remains within an acceptable range —...

The Australian dollar experienced a slight decline following the release of China's GDP data, which the market interpreted with some ambiguity. While a 5.2% GDP growth rate appears solid...