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

To understand this question, we need to recall a few facts. Last year the Federal Reserve was forced to cut the key rate three times because the labor market slowed...

The EUR/USD pair continued its downward move on Thursday and tested the 1.1362–1.1368 support area more convincingly. Theoretically, this zone can stop the euro's uncontrolled fall, but we fully understand...

Few macroeconomic releases are scheduled for Friday, and the only important one is the US durable goods orders report. However, this report is important only on paper. In recent weeks...

Germany's Ifo business climate index rose to 89.9 in September from 88.8 in August, marking a fourth consecutive month of recovery. The report said firms assessed current business conditions more...

By the end of yesterday, the US dollar had once again seized the initiative across both currency pairs. The euro lost ground — and this happened despite unexpectedly strong business...

The price test at 1.1406 occurred as the MACD indicator began moving down from the zero line, confirming a good entry point to sell the euro. As a result...

Yesterday the dollar again beat both currencies, with the pound suffering noticeably more than the euro — the pair lost over 100 pips, while EUR/USD fell more moderately despite...

Speaking at the UN General Assembly in New York, Iranian President Masoud Pezeshkian said Tehran is open to a diplomatic settlement, but warned it will not negotiate under external pressure...

The EUR/USD pair continued its downward movement throughout Wednesday. Recently, we repeatedly pointed out to traders that the dollar has only one supporting factor, while the market ignores all other...

Very few macroeconomic releases are scheduled for Thursday, and none are important. However, the market is already ignoring macro data and buying the dollar every day. Therefore, there...