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

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...

The New Zealand dollar fell after what appeared to be a hawkish RBNZ decision to raise the rate by 25 bp last week. The reason is banal — the market...

The British economy continues to show paradoxical resilience. The August composite PMI unexpectedly accelerated to 52.5, reaching a four-month high, driven by a confident rise in the services sector, which...

The US Department of Labor reported the creation of 162,000 new jobs in August, a result three times higher than forecast and the strongest reading in five months, fully offsetting...

Australia's Q2 GDP came in better than expected — +0.4% q/q and +2.1% y/y against forecasts of +0.3% and +1.8% respectively. Growth was supported by a 0.4% rise in consumer...

Inflation in the UK rose in July, and a key point to keep in mind is that the acceleration is purely energy-driven. The UK's GDP for the second quarter grew...

The probability of a September rate hike by the Federal Reserve soared from 35% to 60% following Kevin Warsh's speech at Jackson Hole, and the dollar, which was balancing...

The NZD/USD pair retreated from the highs around 0.6000 following the release of weak retail sales data for the second quarter, which unexpectedly decreased by 0.5%. However, the fundamental picture...

The July employment data for Australia, published on August 20, was the main event of the week and delivered an unpleasant surprise. The economy lost 15,800 jobs, against an expected...