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

The absence of significant data from the U.S. was the main reason the dollar had to give up some ground against riskier assets yesterday. Without fresh data, the American currency...

Speaking at the Jackson Hole Symposium, the Federal Reserve Chairman maintained a hawkish stance. Kevin Warsh stated that despite more positive summer data, inflation in the US remains high...

The euro, pound, and other risky assets managed to hold their positions against the U.S. dollar yesterday, which may allow for the continuation of a bullish market. Yesterday afternoon...

At the beginning of the week, sideways movement is expected on the euro chart along the support zone. In the second half of the week, volatility may increase, followed...

Our outlook for Bitcoin remains bullish for the coming days, so we will look for buying opportunities. Should BTC break above $64,423 and then consolidate above this zone, it would...

The euro and the British pound both performed well today using the Mean Reversion strategy. I did not execute any trades based on the Momentum strategy. The euro posted strong...

The British pound and the Canadian dollar were traded today using the Mean Reversion strategy. I did not trade anything using Momentum. The lack of fresh economic data, as expected...

The Reserve Bank of New Zealand (RBNZ) has raised the Official Cash Rate (OCR) by 25 basis points to 2.50%, which aligns with market expectations. The decision was made...

I think few expected strong dollar moves last Friday. Due to the Independence Day holiday in the U.S., trading activity in the currency market was notably reduced. On Friday...

In the coming days, the euro is expected to remain in a sideways range. The estimated resistance zone is likely to cap further gains and create conditions for a reversal...