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

In mid-September, the USD/JPY pair hit a 2.5-month low at 139.60, then reversed to climb over 1,500 points, reaching 156.76 last week. A notable 250-pip correction followed this rally. This...

The GBP/USD pair hit a weekly high on Wednesday but failed to hold within the 1.27 range. The UK inflation report provided only temporary support to the pound, although almost...

Political fundamental factors often have a limited lifespan—not in terms of their impact but in the duration of their influence. Markets tend to react impulsively and sharply to political events...

Looking at the monthly chart, EUR/USD has formed two bearish candles. In October, the pair dropped by 250 pips, and in just two weeks of November, it had already fallen...

The EUR/USD pair is going on with its plunge, breaking through every support level along the way. Currently, the instrument is attempting to consolidate below 1.0530, which corresponds...

Following the "election week" in the U.S. comes the "week of inflation reports." The Consumer Price Index, Producer Price Index, and Import Price Index are all indicators that can trigger...

The GBP/USD pair is plummeting, reacting to the results of the U.S. presidential election. Wednesday's downward momentum is driven entirely by the strengthening U.S. dollar. The dollar index attempts...

The week ahead is set to be the most significant for the EUR/USD pair and other dollar pairs. The outcomes of the November FOMC meeting and the U.S. presidential election...

This week, the euro is experiencing its "moment in the spotlight." Virtually all macroeconomic reports published this week in Europe have favored the single currency. Key indicators, including GDP growth...

At its October meeting, the second-to-last of the year, the Bank of Japan maintained all current monetary policy parameters, keeping the key interest rate at 0.25%. After two rate hikes...