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

The British pound and the Canadian dollar were traded today using the Mean Reversion strategy. I did not trade anything using Momentum. The lack of fresh economic data, as expected...

The AUD/USD pair is attracting buyers during the Asian session and just before the European session on Friday, partially offsetting the previous day's decline and returning to a weekly...

For the second consecutive week, the Australian dollar has been assaulting the 70 level against the US dollar. The target of 0.7000 is a crucial and psychologically significant resistance level...

The macroeconomic indicators released last week from Australia presented a mixed picture. On one hand, the Melbourne Institute's June inflation index showed signs of disinflation, decreasing by 0.4% month-on-month...

The July Westpac-Melbourne Institute consumer confidence index showed a notable increase of 4.1%, reaching 83.9 points from 80.6 in June. This is the highest level since the beginning...

The U.S. dollar may continue to weaken if the conflict in the Middle East remains limited in scope and expectations for higher U.S. interest rates continue to decline. The U.S...

The U.S. dollar has lost all the advantages it gained earlier in the week following the escalation of the Middle Eastern conflict. The June inflation report from the U.S. delivered...

The Mean Reversion strategy did not generate any valid signals for the euro or the British pound today. The Canadian dollar was traded using the Momentum strategy. With no eurozone...

The U.S. dollar continues to be in demand and actively reclaims positions against the euro, pound, and other risk assets. Yesterday, the dollar continued its active growth after the U.S...

The U.S. dollar continues to reclaim positions against the euro, pound, and other risk assets, with objective reasons for this movement. Last Sunday, the U.S. launched new missile strikes against...