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

On Tuesday during the Asian session, the USD/CAD pair attempted to attract buyers but failed amid mixed fundamental signals. Nevertheless, spot prices are comfortably holding above the 100-day Simple Moving...

In the coming days, the euro is likely to continue moving sideways with an overall upward bias. Near the resistance zone, a pause, reversal, and subsequent decline in the exchange...

The USD/CAD pair continues to decline from the weekly high near 1.3850. Current quotes appear to have ended a four-day period of gains and are now trading slightly below...

Canada's GDP fell by 1.6% quarter-on-quarter in Q2, which was significantly worse than forecasts. Preliminary data for July show a growth of 0.1%, suggesting that weak dynamics will persist going...

Inflation in Canada fell in July, but there are well-founded concerns that it could start rising again. The industrial product price index, instead of the expected decline, increased...

During the upcoming week, the euro is expected to move within the corridor between the nearest opposing zones. In the first days, growth of the pair and pressure on resistance...

Today, the pair is declining toward the psychological level of 1.3700. Traders have increased their expectations of a September Fed interest rate cut following a weaker-than-forecast July U.S. Nonfarm Payrolls...

Canada's economy is slowing down. The latest car sales report showed a 3.2% m/m decline in July, marking the fourth consecutive monthly drop following a spike in March when consumers...

Today, the USD/CAD pair continues to hold a defensive position, remaining under pressure. The U.S. dollar is still struggling to attract meaningful buying interest amid growing expectations that the Federal...

In the coming week, the euro is expected to maintain its upward momentum. After potentially testing the resistance zone, a reversal and downward movement toward the support zone are likely...