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

Despite yesterday's modest rebound, the biggest Wall Street banks are simultaneously downgrading their gold forecasts. UBS expects prices to fall to $4,000–$3,850 per ounce in the coming months, and Citi...

The Australian dollar, Canadian dollar, and British pound were successfully traded today using the Mean Reversion strategy. I traded the yen using a Momentum approach. German and Italian inflation data...

Bitcoin and Ethereum experienced a slight increase yesterday, but it is unlikely that the upward potential will last long. Bitcoin is still trading below $63,000, while Ethereum cannot seem...

As we can see, only the situation in the Middle East is currently having a significant impact on the currency market, while other fundamental events are being largely overlooked. Yesterday...

Once again, only the Australian dollar was successfully traded today using the Mean Reversion strategy. The Canadian dollar was traded using the Momentum approach. Attention from traders and analysts will...

The dollar ticked up slightly after the May CPI report confirmed the market's worst fears. Inflation in the US accelerated to 4.2% year-on-year — the highest since early 2023...

After yesterday's heavy sell-off, gold is recovering slightly today, up about 0.6% to around $4,108 an ounce. Volatility remains unprecedented: within a single session, the metal first plunged 4%...

Bitcoin and Ethereum saw slight increases yesterday following the US inflation data. However, Bitcoin is still trading below $63,000, while Ethereum cannot seem to establish itself above $1,650. Meanwhile, outflows...

The situation in the Middle East and US inflation continue to support demand for the dollar against risk assets. As the report indicates, the acceleration in overall inflation to 4.2%...

Only the Australian dollar was successfully traded today using the Mean Reversion strategy. I traded the Canadian dollar using the Momentum strategy. Next, we are expecting the release of U.S...