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

The EUR/USD pair is moving around the base of the downward cycle, where a sideways range has formed. The support level is at 1.0600, while the peak of this sideways...

The volume of short positions on EUR/USD fell around the support level of 1.0600. As a result, there was a rebound, and the euro recovered approximately 0.5% of its value...

Instead of continuing the correction, the dollar strengthened again, and the market returned to levels it was at just a couple of days ago. The greenback emerged after Federal Reserve...

In the absence of economic reports or other news that could affect the market, investors finally paid attention to the dollar's overbought condition. So, there was nothing to prevent...

US industrial production has stopped declining, but it has not grown either. The -0.2% decline was expected to be replaced by 0.6% growth. However, that didn't happen. What's remarkable...

Not only has the apparent divergence in the future actions of the European Central Bank and the Federal Reserve literally set the euro on a path towards parity with...

So, the European Central Bank has confirmed its intention to start cutting rates in June, which has become the fundamental reason why the euro is falling. And while...

The main outcome of the European Central Bank's meeting clarified the timing of the monetary easing cycle. The first interest rate cut is planned for June. Overall, this aligns with...

Everyone was expecting US inflation to rise, but no one could have imagined that consumer prices would accelerate to 3.5%. After all, inflation was forecasted to rise from 3.2%...

Something strange and peculiar is happening in the market. For instance, on Wednesday, the pair sharply grew after the eurozone inflation data, but then it completely reversed all that movement...