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

Rising inflation in the United States has revived discussion about the possibility of interest rate hikes this month. Financial markets were caught off guard by US consumer inflation data, which...

The S&P 500 and the Nasdaq posted their worst single-day performance since July as threats to equities came from multiple directions. For a long time, indices rose because confidence...

Yesterday, Iran's dissatisfaction with the prospect of lower fuel and oil prices was discussed, an outcome Donald Trump is actively working to achieve. As a reminder, Tehran's main objective...

The US dollar rose sharply against all major global currencies yesterday, particularly the euro and the pound, following the release of the US Consumer Price Index report. The market interpreted...

Chicago Fed President Austan Goolsbee said yesterday that the US inflation report, which showed broad-based price pressures in September, was concerning. He also warned that the construction of infrastructure...

Today, gold rose as US Treasury yields fell, with investors seeking safety in government bonds after strong inflation data boosted Federal Reserve-hike bets and sparked an equity sell-off. The metal...

Oil slipped slightly today as worries about Middle East supply disruptions eased and the International Energy Agency revised down its demand outlook. Brent fell toward $104/bl after rising 1.3% over...

The GBP/USD currency pair tried to extend its rise on the third trading day of the week but ultimately collapsed. The pound traded within a local sideways channel for 2.5...

The EUR/USD currency pair eased slightly on Wednesday, then resumed its decline. Market moves have been fairly weak over the past week, but on Wednesday the price happily collapsed following...

Only a few macroeconomic releases are scheduled for Thursday. Some are noteworthy, but over the past month—or longer—the FX market hasn't moved on macroeconomic data. We would not be surprised...