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

The GBP/USD pair continued to trend downward throughout Thursday. Just the day before, we mentioned that the market's reaction to the FOMC meeting might last up to 24 hours...

The EUR/USD currency pair continued to decline sharply on Wednesday, reflecting a significant strengthening of the U.S. dollar. One might wonder why this is happening. What accounts for the sudden...

The EUR/USD currency pair traded calmly on Wednesday until the announcement of the FOMC meeting results, after which it declined sharply. The "dot-plot" showed that at least half...

Real GDP per capita declined by 0.1% in the first quarter, marking the tenth contraction in the past 15 quarters. The Westpac Leading Index, which is designed to forecast economic...

The Bank of Canada kept its key overnight interest rate unchanged at 2.25%, fully in line with market expectations. The overall tone of the statement and Governor Macklem's opening remarks...

The GBP/USD currency pair also made a slight correction throughout Monday, but traders did not see any significant movements. As we warned, the day turned out dull and uninteresting...

The EUR/USD currency pair corrected throughout Monday. It cannot be said that the correction was strong or even noticeable—during the day, the European currency managed to recover about 30 pips...

Last Friday, several entry points were formed in the market. Let's take a look at the 5-minute chart to understand what happened. In my morning forecast, I highlighted the level...

Last Friday, several entry points were formed in the market. Let's take a look at the 5-minute chart to understand what happened. In my morning forecast, I highlighted the level...

On Thursday, the EUR/USD pair continued to trade within a sideways channel between the level of 1.1585 and the area of 1.1657-1.1666. Thus, the flat market persists, and the nature...