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

The Bank of Canada kept its key overnight interest rate unchanged at 2.25%, fully in line with market expectations. The overall tone of the statement and Governor Macklem's opening remarks...

Today, only the Australian dollar performed well under the Mean Reversion strategy. I did not take any trades based on the Momentum strategy. Trump's statements that the conflict...

The dollar rose sharply after the employment report, despite easing tensions in the Middle East. The sharp increase of 170,000 in employed people in the U.S. non-farm sector...

EUR and GBP were traded today using the Momentum strategy. I did not take any trades using the Mean Reversion strategy. In the second half of the day, we will...

The dollar remains in the spotlight amid developments in the Middle East. Yesterday, the dollar strengthened against the euro, the pound, and other risk assets amid another escalation in geopolitical...

The dollar reminded traders of its presence yesterday, but all rough patches and problematic moments were promptly resolved, restoring demand for risk assets. News that Iran has suspended negotiations with...

Only the euro was traded today using the Mean Reversion strategy. I did not trade anything using the Momentum strategy. As the data showed, the Eurozone Manufacturing PMI declined...

The dollar continued to gain ground against the euro, the pound, and other risk assets, primarily amid the risk of another breakdown in the peace agreement between the U.S...

The dollar is in demand again amidst difficulties in concluding the peace agreement between the U.S. and Iran. However, yesterday's data showing a drop in U.S. consumer confidence put pressure...

Today, only the British pound was traded using the Mean Reversion strategy, which resulted in a small upward corrective movement in the pair. I did not take any trades using...