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

The concept of "soft power," as defined by political scientist Joseph Nye, refers to a country's ability to achieve its objectives through the appeal of its culture, values, and political...

There are very few macroeconomic reports scheduled for Thursday, and none are particularly important. The U.S. will release a jobless claims report, and that is essentially the only economic report...

The GBP/USD pair rose sharply on Wednesday, with the move not linked to any macroeconomic reports. The price broke through the descending trendline and formed a new ascending trendline. Thus...

The GBP/USD currency pair remained on a downward trajectory on Wednesday, but volatility in the British pound is also decreasing. It is worth noting that, historically, the pound has been...

The GBP/USD currency pair also rose slightly on Wednesday, enough to break the descending trend line. Thus, both major currency pairs have now broken their trend lines. However, as with...

The GBP/USD pair also failed to show any interesting movements on Tuesday. The macroeconomic and fundamental backdrop was non-existent that day, as new 10% tariffs from Trump began to take...

The GBP/USD currency pair remained in a downward trend on Tuesday, a trend that has persisted for almost a month. We noted that throughout this month, there have been formal...

There are very few macroeconomic reports scheduled for Tuesday. Essentially, the only noteworthy event is the weekly ADP report on the U.S. labor market, which has recently been published...

The GBP/USD pair also traded logically only at the market open on Monday after the weekend. Throughout the day, there was again a strengthening of the American currency, which cannot...

The GBP/USD currency pair also showed an illogical decline in quotes on Monday. The day began with a rather predictable rise, but it didn't last long. Now, take a close...