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

Yesterday's data from Germany exceeded expectations. Industrial production in March increased by 3.0%, compared to a forecast of 0.9% and a February decline of 1.3%. The March trade surplus amounted...

Yesterday, the Bank of England cut its interest rate by a quarter point, with only seven members of the Committee voting in favor of the decision, contrary to the consensus...

The EUR/GBP pair is anticipated to reverse its downward trend and begin to rise. The wedge-shaped decline since April 11 clearly has a corrective structure, and this downward movement...

The U.S. stock market has overcome uncertainty and is set for growth towards new all-time highs. The price has settled above the indicator lines of the Balance Line...

As expected, the Federal Reserve left its monetary policy unchanged following yesterday's meeting. Jerome Powell only slightly reinforced the market's expectations of rising inflation. Markets still anticipate the first rate...

At today's meeting, the Bank of England is expected to lower the key interest rate from 4.50% to 4.25%. Business media claim the market has already priced in this event...

USD/JPY The daily chart shows that the price is reversing downward from the green price channel lines. The first such reversal occurred on May 2, marked by a red arrow...

On Wednesday, the euro once again moved into the target range of 1.1385–1.1420. However, recent price behavior suggests that the 1.1385 level is now redundant — we're seeing a consolidation...

Yesterday, the UK released inflation data for March. Core CPI declined from 3.0% y/y to 2.8% y/y, and headline CPI dropped from 2.8% y/y to 2.6% y/y, below the forecast...

USD/CAD On the daily chart, the Marlin oscillator indicates that the price is poised for a potential upward reversal. Below remains the target level of 1.3746 and the lower boundary...