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

The GBP/USD currency pair showed a slight recovery on Monday, which, under certain circumstances, could even mark the start of a new upward trend. It is important to note that...

The EUR/USD currency pair showed slight gains on Monday, which were purely technical and corrective. After a strong decline last week, traders paused, and the euro slightly corrected. The only...

Speculative positioning is rapidly shifting in favor of the US dollar. According to the latest CFTC report, aggregate short dollar positions decreased by $7.5 billion over the week, with almost...

The GBP/USD currency pair continued its downward movement on Friday, which, as we have already established, was not related to macroeconomic or fundamental events. Moreover, there were no new geopolitical...

The EUR/USD currency pair continued its nearly catastrophic decline throughout Friday. There was no shortage of macroeconomic data on the last trading day of the previous week. In the morning...

The EUR/USD currency pair continued to trade lower on Thursday. The downward movement was weak but stable. It seems as though the market, in no rush, continues to follow...

The second estimate of Japan's fourth-quarter GDP was better than the preliminary data, with a revision to +1.3% year-on-year indicating that domestic demand proved stronger than expected. This result...

The GBP/USD currency pair also traded lower on Wednesday. The reasons are the same as for the EUR/USD pair—sharp deterioration of the geopolitical backdrop due to actions and statements...

The EUR/USD currency pair traded lower again on Wednesday. The conflict in the Middle East has only just begun to fade due to Trump's verbal rhetoric; however, the objective reality...

The GBP/USD currency pair also continued to recover on Tuesday and, unlike the EUR/USD pair, changed its trend to upward. Overall, risk currencies continue to recover after the U.S. dollar's...