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

The pound continues to strengthen today, with the GBP/USD pair extending its gains and breaking above the 2022 high amid ongoing weakness in the US dollar. The US Dollar Index...

Republican leaders in the Senate continue to struggle to secure enough votes to pass Donald Trump's $3.3 trillion tax and spending bill, as protracted internal party disputes threaten to undermine...

The euro significantly strengthened against the U.S. dollar after reports emerged that the European Union is open to signing a trade pact with the United States, which would introduce...

The price test of 1.3679 occurred when the MACD indicator had already moved significantly below the zero mark, which limited the pair's downside potential. For this reason...

Yesterday's news that the European Union is ready to sign a trade agreement with the U.S., which includes a 10% universal tariff, led to the strengthening of the euro...

There are several macroeconomic reports scheduled for release on Tuesday. Attention should first focus on the Eurozone's Consumer Price Index (CPI) and the ISM Manufacturing Index in the United States...

Analysis of Monday's Trades 1H Chart of GBP/USD The GBP/USD pair also attempted to resume its upward movement on Monday, although it was less successful than the EUR/USD pair. Still...

On Monday, the GBP/USD currency pair declined moderately, which poses no threat to the British currency. The pound can easily afford to lose 100 or even 200 pips...

On Monday, the GBP/USD currency pair corrected slightly following last week's strong rally. In just four days, the British pound rose by 400 pips (from the movement's...

The wave pattern for GBP/USD continues to suggest the formation of an upward impulsive wave pattern. The wave picture is nearly identical to that of EUR/USD, as the U.S. dollar...