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

Today, the British pound, Australian dollar, and Canadian dollar were traded using the Mean Reversion strategy. I traded only the Japanese yen using the Momentum strategy. Inflation data from...

While the Fed continues lowering interest rates, the Bank of Japan will likely resume cutting its own rates — something the regulator's chairman, Kazuo Ueda, hinted at quite explicitly. Previously...

The dollar continues to face issues. As statistics indicate, the number of initial jobless claims in the US has sharply increased, exceeding economists' forecasts, leading to another decline...

Given the very small spike in volatility in the first half of the day, no valid entry points were formed for the Mean Reversion strategy. Using the Momentum strategy...

The dollar is facing challenges. Yesterday, the Federal Open Market Committee voted to lower the key interest rate by a quarter percentage point, leading to a weakening of the dollar...

The US dollar has again strengthened against the euro, pound, and other risk assets – particularly against the Japanese yen. The weekly job growth in the private sector from...

The USD/CAD pair is struggling to strengthen after a decent rebound from the round level of 1.3800, which is the lowest value since September 22. At the moment, spot quotes...

The U.S. dollar slightly strengthened against the euro, the pound, and other risk assets; however, this did not prompt any significant technical changes in the market. The temporary strengthening...

The euro and the British pound today followed a Mean Reversion scenario, but there were no major or reverse movements. Using Momentum, I traded the Japanese yen, where...

This week, the likelihood of the euro major continuing its sideways movement is high. In the initial days, a price decline towards the calculated support is expected. A brief spike...