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

There are a few macroeconomic publications scheduled for Friday, and none are significant. In the European Union, the second estimate of inflation for June will be released today...

The GBP/USD pair corrected on Thursday after a significant rise the day before. The British pound lost approximately 90 pips. In the morning, relatively mediocre GDP and industrial production data...

There are several macroeconomic publications scheduled for Thursday, but none are truly significant. In the U.K., data on GDP and industrial production for May will be released, which generally...

The EUR/USD currency pair moved higher on Wednesday, allowing it to exit the sideways channel at 1.1377-1.1461 for the first time in three weeks. Thus, the flat may be over...

The U.S. dollar has lost all the advantages it gained earlier in the week following the escalation of the Middle Eastern conflict. The June inflation report from the U.S. delivered...

Two macroeconomic publications are scheduled for Wednesday. In the Eurozone, the industrial production report for May will be released, while in the U.S., the Producer Price Index (PPI) for June...

The GBP/USD pair showed good growth on Tuesday, fueled by the U.S. inflation report, which unexpectedly came in lower than forecasts. As a result, the British currency received market support...

The EUR/USD currency pair remained within a sideways channel on Tuesday, confined between 1.1377 and 1.1461. The hourly timeframe illustration clearly shows that the price has been trading between these...

The test of the 162.22 level occurred when the MACD indicator had just started moving downward from the zero line, confirming a valid entry point for selling the dollar...

The Mean Reversion strategy did not generate any valid signals for the euro or the British pound today. The Canadian dollar was traded using the Momentum strategy. With no eurozone...