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

WTI (West Texas Intermediate), US benchmark crude grade, continued its rise today, breaking above the 200-day SMA and trading above $73.37. Bullish sentiment expects a sustained breakout above this technically...

Gold (XAU/USD) remains under pressure on Wednesday, attempting to hold above the $4,050 level. The U.S. dollar is losing ground as bullish traders reduce their positions ahead of the release...

Everything comes with a cost sooner or later. Gold learned that the hard way, retreating from a record $5,600 per ounce in January and shedding nearly a fifth...

Gold is down for the second consecutive day, returning to the significant support level of $4,100 per ounce. The reason, as always, is paradoxical and tied to oil. Today...

The situation in the Strait of Hormuz has sharply escalated, leading to a spike in oil prices. According to Axios, citing two U.S. officials, Iran has attacked three commercial vessels...

All good things come to an end, even the runaway rally in chipmakers. The Philadelphia Semiconductor Index, which just posted its best quarter ever and was up about 74% year-to-date...

No macroeconomic publications are scheduled for Wednesday in Germany, the Eurozone, the UK, or the U.S. There are no important, secondary, or tertiary reports. Therefore, strong movements in the currency...

The GBP/USD currency pair showed minimal volatility on Tuesday, with no grounds for strong movement. Nevertheless, the British currency has been rising for a full two weeks, despite the absence...

The EUR/USD currency pair traded in an ultra-calm manner on Tuesday, as we had warned. There are currently no news or events that could provoke strong market movements. Geopolitics...

Following the June ECB meeting, during which the central bank raised rates by 25 basis points and reaffirmed its commitment to fighting inflation, the market was confident that the tightening...