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

Tuesday's session started calmer than Monday's, and both currencies moved higher. Overnight, the euro recovered nearly all of Monday evening's decline and rose to about 1.1235, while the pound climbed...

Several macroeconomic releases are scheduled for Tuesday, but few are truly market-moving—first and foremost, note UK unemployment and wages data. The Eurozone and Germany will publish the ZEW economic-sentiment indices...

The first half of the day passed without any new European data releases, making the price action on the charts all the more interesting. The euro and the pound briefly...

A price test at 1.1254 occurred as the MACD indicator began moving down from the zero line, confirming a valid entry point to sell the euro. As a result...

The week opened with a rough morning for the euro. The dollar started Monday in good shape after Friday, while the single currency faced double pressure from strong US data...

Newly appointed Iranian Defense Minister Mehrdad Ketabchi, whose nomination was approved by parliament, issued a stark warning to Washington against escalation. The minister said Tehran has substantially strengthened its military...

The EUR/USD pair posted a small gain on Friday, but the three-day rally changes little in the technical picture, even on the hourly timeframe. The trendline has been breached...

The EUR/USD and GBP/USD currency pairs showed moves over the past month that are worth recalling before we look ahead to the coming week. The euro fell almost without pullbacks...

No macroeconomic publications are scheduled for Monday. Therefore, market volatility may be quite low today, and traders will have little to react to during the day. That said, the market...

EUR/USD tried to extend its upward move on Friday, but overall volatility was low, and the market bought the euro and sold the dollar less aggressively than on Wednesday...