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

The main reason cited for the rally in EUR/USD is the increased likelihood of a 25-basis-point rate cut to 3.75% in December, rising from less than 30%...

The test of the price level at 1.1665 coincided with the MACD indicator already having moved significantly above the zero mark, which limited the pair's upside potential. For this reason...

Yesterday's reaction to US jobless claims data led to a surge in volatility across both currency and stock markets. As it became known, last week the number of claims fell...

The dollar declined once again against risk assets following statements by Kevin Hassett, director of the National Economic Council. Trump's economic advisor stated yesterday that the Federal Reserve should lower...

The price level of 1.1663 was tested when the MACD indicator was just beginning to turn down from the zero mark, confirming a valid entry point for selling euros...

The US dollar regained some positions against the euro and the British pound yesterday, though it fared poorly against the strengthening Japanese yen ahead of the central bank meeting. Following...

A few macroeconomic reports are scheduled for Friday. At first glance, today's reports may seem high-status; however, this week has seen the release of much more significant data. Virtually...

The EUR/USD currency pair traded once again in a "neither fish nor fowl" style on Thursday. The macroeconomic backdrop throughout the day was very weak, so the market found...

The EUR/USD currency pair traded much more calmly on Thursday than on Wednesday, which can be attributed to the limited number of macroeconomic and fundamental events. Recall that important reports...

The EUR/USD currency pair continued its "tormented journey" on Thursday. Volatility during most of the day did not exceed 30 pips. Essentially, we witnessed another day completely devoid of movement...