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

A fair number of macroeconomic events are scheduled for Friday, but we believe they will likely trigger only a localized market reaction. The UK will publish Q4 GDP data...

Analysis of Thursday's Trades 1H Chart of GBP/USD On Thursday, the GBP/USD pair also traded higher—and quite strongly. Despite the release of a reasonably solid Q4 GDP report...

Analysis of Thursday's Trades 1H Chart of EUR/USD The EUR/USD currency pair rose to the 1.0804 level on Thursday. Naturally, such an unexpected and relatively strong rise in the euro...

The GBP/USD currency pair traded higher again on Thursday, even though a semblance of a downward correction had begun just a few days earlier. The market had already digested...

The EUR/USD currency pair maintained its downward bias on Thursday, although it traded higher throughout the day. Volatility remained low once again, indicating weak market activity. However, traders had enough...

The GBP/USD currency pair showed a powerful upward movement on Thursday. Naturally, the catalyst was once again Donald Trump, who imposed new 25% tariffs on all automobile imports...

On Thursday, the EUR/USD currency pair surged sharply without breaking the prevailing downtrend of recent days. Valid reasons contributed to the dollar's decline after Donald Trump announced new tariffs...

There are very few macroeconomic events scheduled for Thursday, and even fewer are deemed important. The only report that deserves attention is the third estimate of U.S...

Analysis of Wednesday's Trades 1H Chart of GBP/USD On Wednesday, the GBP/USD pair showed a downward movement that finally aligned with the macroeconomic backdrop. During the day, traders were interested...

Analysis of Wednesday's Trades 1H Chart of EUR/USD On Wednesday, the EUR/USD currency pair continued its sluggish decline. The euro's depreciation is quite logical, although traders continue to ignore...