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

Japan's consumer inflation slowed in January from 2.1% to 1.6% year-on-year, the weakest result since March 2022. The core index fell from 2.4% to 2.0%, while the BoJ's preferred measure...

The GBP/USD currency pair also rose slightly on Wednesday, enough to break the descending trend line. Thus, both major currency pairs have now broken their trend lines. However, as with...

The EUR/USD currency pair once again showed an intention to rise a bit after two weeks of decline. However, the result was poor again, despite the dollar having almost...

The GBP/USD currency pair merely corrected to the critical Kijun-sen line on Monday, failing to overcome it and subsequently bouncing back. Thus, the overall decline in the dollar culminated...

The EUR/USD currency pair traded quite actively on Monday, yet the overall volatility remained moderately low. Thus, we can immediately acknowledge the obvious: the market does not seem overly concerned...

The GBP/USD currency pair had every reason to show strong growth on Friday. However, as we mentioned, the market did not know how to interpret all the information it received...

The EUR/USD currency pair rose slightly on Friday, but numerous events throughout the day kept volatility quite weak once again. It seems the market has not fully figured out what...

The headline consumer price inflation rate in January fell slightly to 2.3% year-on-year, one tenth below economists' forecasts. The core index slowed even more, from 2.8% to 2.6%...

The GBP/USD currency pair continued its downward movement throughout Wednesday. If the unemployment rate negatively impacted the British currency on Tuesday, then all reports on Wednesday supported the dollar...

The EUR/USD currency pair traded lower again on Wednesday. Throughout the European trading session, the quotes essentially remained in place between the 1.1830 level and the Kijun-sen line (1.1848)...