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

The pound is falling against the US dollar for the third consecutive day. The GBP/USD pair remains under pressure as the dollar strengthens following unexpectedly strong US Services PMI data...

The market has grown tired of the Magnificent Seven, yet the peaceful handover is accompanied by doubts about the chosen course. Investors are betting on a Goldilocks regime —...

Few macroeconomic publications are scheduled for Thursday, and none of them are of major importance. However, we would like to remind you that important reports were released yesterday in both...

Wednesday Trade Analysis 1H chart of the GBP/USD pair The GBP/USD pair continued to trade lower throughout Wednesday amid a fairly contradictory macroeconomic backdrop. Let us recall that the euro...

[US Dollar Index] With RSI(14) condition in the Neutral-Bullish level and EMA(50) & EMA(200) forming a Golden Cross, the US Dollar Index has the potential to strengthen throughout today...

Wednesday Trade Analysis 1H chart of the EUR/USD pair The EUR/USD currency pair traded very quietly on Wednesday. Despite the fact that at least four relatively important reports were released...

The GBP/USD currency pair continued to trade quite calmly on Wednesday, considering the scheduled macroeconomic background. Let us recall that a large number of reports on inflation, unemployment...

The EUR/USD currency pair maintained a downward trend throughout Wednesday, but most importantly, psychological pressure was lifted from the euro. A day earlier, Germany published its December inflation report, which...

The EUR/USD exchange rate is trading near the round level of 1.1700, maintaining an overall bearish trend. New inflation data from the eurozone confirmed that price pressures remain moderate, leading...

People want to invest in the US equity market, but they are looking at other sector groups — those that offer relative value versus yesterday's leaders. As a result, while...