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

The US dollar is supported by strong fundamental factors. The combination of labour-market resilience and robust retail sales last week supports the view that the Fed will keep interest rates...

On Sunday, the USD/JPY pair is trading around the round 158.00 level, as the Japanese yen is recouping losses against the US dollar. This reflects growing investor caution amid renewed...

If we do not expect rate cuts, it does not mean they will not happen. Nordea comes to this conclusion, explaining that an easing of US monetary policy...

Today, Friday, the Australian dollar is gaining strength against the U.S. dollar for the second consecutive day, rising above the round 0.6700 level. The pair is climbing amid optimism fueled...

At the time of publication on Friday, the EUR/USD pair is fluctuating slightly above the round 1.1600 level, showing minimal change on the daily timeframe and ending a three-week losing...

The USD/CAD pair is trading below the round level of 1.3900, remaining in a consolidation phase. Technical analysis of the daily chart shows that the RSI—the 14-day Relative Strength Index—is...

Rotation in the US equity market is gaining momentum. Since the start of the year, the small?cap Russell 2000 index has jumped by 8%, while the S&P 500 and Nasdaq...

There are very few macroeconomic releases scheduled for Friday. The only ones to note are Germany's second-estimate inflation for December and US industrial production. Obviously, the second estimate of inflation...

The GBP/USD pair also showed a downward move on Thursday, for which there were even fewer grounds. In the UK, early in the morning, reports on industrial production and November...

The EUR/USD currency pair continues to please with its stability of movement. However, that is the only thing it currently pleases with. Volatility remains low, and movement is purely technical...