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

Today, the euro and the British pound both moved in line with the Mean Reversion strategy. I did not take any trades based on the Momentum strategy. As the data...

The direction of global financial markets last week was determined exclusively by geopolitical factors, completely eclipsing the AI story, macro data, and central bank rhetoric. A marked optimistic shift...

The dollar reminded traders of its presence yesterday, but all rough patches and problematic moments were promptly resolved, restoring demand for risk assets. News that Iran has suspended negotiations with...

The report reflects a cooling of speculative optimism, while the geopolitical background enhances caution. Open Interest: 824,224 contracts (each contract = €125,000). Decreased by 1,795 over the week. Long: 223,055...

There are relatively few macroeconomic reports scheduled for Tuesday, June 2. An important report on inflation for May will be released in the Eurozone, with expectations that the figure will...

The EUR/USD currency pair traded sideways for almost the entire Monday with low volatility, except for literally a few hours during the American trading session, when the price initially dropped...

The European currency approaches the new week in a rather negative mood. Buyers had long hoped for a tightening of the European Central Bank's monetary policy, for a deal that...

Everything comes to an end eventually. Donald Trump is confident that it will all end well, with a deal between the US and Iran. However, mutual shelling ahead...

The minutes of the latest ECB meeting are filled with hawkish wording. The ECB framed the question of interest rate increases not as whether they will happen, but when they...

Only the euro was traded today using the Mean Reversion strategy. I did not trade anything using the Momentum strategy. As the data showed, the Eurozone Manufacturing PMI declined...