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

The main intrigue this week centers on the US midterm elections. The first preliminary figures will be available by Wednesday morning, but the final ballot counts can traditionally take weeks...

US stock markets opened the week with confident gains. The broad-market S&P 500 added 0.7%, the tech-heavy Nasdaq Composite rose 1.1%, and the blue-chip Dow Jones advanced 146 points...

Newly appointed Iranian Defense Minister Mehrdad Ketabchi, whose nomination was approved by parliament, issued a stark warning to Washington against escalation. The minister said Tehran has substantially strengthened its military...

Saudi Arabia, Turkey, and Pakistan agree to immediate collective defense commitments The Saudi-backed government in Yemen, during a large-scale advance of ground forces against the Houthis, said it has regained...

G7 countries agree to immediate release of 100 million barrels from IEA emergency reserves The Group of Seven has agreed to the immediate release of 100 million barrels of diesel...

US stock markets closed September on solid footing. The main driver was reports on consumer inflation. The Personal Consumption Expenditures (PCE) price index—closely watched by the Fed—slowed to 3.4% (forecast...

Fed Chair Kevin Warsh has said bluntly that inflation is the determining factor for his forecasts. The regulator leans toward keeping rates unchanged if price pressures continue to ease...

Kpler, the IMF, and Oxford University recorded a sharp drop in traffic through the Strait of Hormuz — down to just 5 vessels per day (from a pre?conflict norm...

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...

Brent oil prices fell below $80 per barrel after two sessions of 5% declines, as investors began to price in an imminent reopening of the strategic route. According to Axios...