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

Price broke out of the descending trendline resistance, signifying a bullish momentum. We can expect the price to bounce from 1st support in line with graphical overlap and push towards...

The yield of 10-year UST declined to the level of 1.58% after reaching a peak of 1.6248%. Some disappointment is observed after the publication of weaker-than-predicted data on September's industrial...

The contradictory fundamental background provoked increased volatility for the NZD/USD pair today. On the one hand, there is a spasmodic rise in inflation in New Zealand, on the other hand...

Let's take a look at the technical picture of USD/CAD, AUD/USD, NZD/USD and Gold at the begining of the trading week...

Price has shown a bullish breakout from the descending trendline resistance-turned-support, and is also holding above the moving average as well. We could see a further rise from 1st support...

US consumer prices rose more than expected in September. This renewed discussions about higher rates of price growth, highlighting the persistence of inflationary pressures in the economy, and forced markets...

The NZD/USD pair moves somehow sideways after failing to make a new lower low. The pair could reach the downtrend line soon. Technically speaking, the downtrend line is seen...

The holiday in the United States limited the flow of information to the markets that could make changes in the balance of demand in the currency markets. But the dynamics...

Not temporary: inflation is going to linger Analysts were likely over-optimistic about their predictions of the extent of the Covid-19 pandemic damage. Autumn has come, and most countries report...

The New Zealand dollar remained stable after the Reserve Bank of New Zealand (RBNZ) raised the interest rate for the first time in 7 years at the recent meeting. However...