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

Following the June ECB meeting, during which the central bank raised rates by 25 basis points and reaffirmed its commitment to fighting inflation, the market was confident that the tightening...

Due to low market volatility, the price did not reach the key levels I identified during the first half of the day. The euro showed little reaction to the news...

After a direct telephone call from the country's leader to the head of the sporting organization, FIFA invoked Article 27 of its Disciplinary Code and suspended the ruling...

The dollar is once again under slight pressure from sellers, while risk assets have gained some weight after yesterday's U.S. data. The ISM Services PMI report published yesterday came...

Several macroeconomic publications are scheduled for Tuesday, but none are particularly significant. In Germany, the May industrial production report will be released, while in the U.S., the weekly ADP private-sector...

The EUR/USD currency pair demonstrated only microscopic growth and minimal volatility on Monday. This is largely due to the complete absence of significant events on the calendar. Although...

The EUR/USD currency pair showed no interesting movements on Monday, which is not surprising given the virtually empty event calendar. As we warned, there was nothing for the market...

EM currency traders long funded carry trades with the US dollar, but are increasingly turning to the euro and other G10 currencies. The catch is the greenback's reluctance to simply...

Trade analysis and trading tips for the euro The price test at 1.1422 occurred at a moment when the MACD indicator had just started moving downward from the zero line...

The price test at 1.1441 occurred when the MACD indicator had moved significantly below the zero mark, limiting the pair's downward potential. For this reason, I did not sell...