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

The direction of price movement of the major euro pair since February of last year has been defined by an upward wave algorithm. Within the wave structure, a counter-movement with...

The dollar has slightly regained its footing, but it is still difficult to say that the pressure on it has completely lifted. Most likely, this is just a pause after...

The USD/CAD pair has been decreasing sharply for the second week in a row. In mid-January, buyers tested the resistance level at 1.3920 (the lower boundary of the Kumo cloud...

On Wednesday, meetings of the Bank of Canada and the FOMC took place. The outcomes of both meetings almost fully matched forecasts, and the market reaction to them was rather...

The dollar once again faced difficulties, failing to receive the necessary support following the US Federal Reserve's meeting. Many traders had hoped that Powell would raise concerns about the rapidly...

The dollar continued to lose ground against risk assets actively. By the end of yesterday, the dollar fell to its lowest level since the beginning of 2022. This occurred after...

The dollar continues to lose traction amid the turmoil currently directly related to Japan. Despite a strong increase in US durable goods orders, discussions about the possibility...

The dollar has collapsed amid new challenges facing the American economy. Pressure on the dollar increased toward the end of last week after the risk of a U.S. government shutdown...

The dollar is under pressure again, and demand for riskier assets has returned. The upwardly revised data on the U.S. economy's third-quarter growth rate could not strengthen the dollar's position...

The Canadian consumer price index in December exceeded forecasts, rising from 2.2% year-on-year to 2.4%, but the markets virtually ignored this result. Part of the reason is that the core...