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

Don't fight the crowd. Retail investors bought the drop in NVIDIA shares caused by its leadership crisis, which closed the opening downside gap in the S&P 500. The potential removal...

On Friday, GBP/USD halted its decline at 1.3220, trading near its lowest levels in four weeks amid continued US dollar strength. The US Dollar Index (DXY), which measures the performance...

The yen still trades around 160 per dollar, and against that backdrop, a New York Fed report revealed how the U.S. Treasury helped it this summer. Yesterday the bank confirmed...

After yesterday's session, the euro and the pound again gave ground to the dollar, even though both currencies tried to firm in the first half of the day. Buyers lacked...

Today, oil holds yesterday's gain. Brent trades just under $96/bbl after a 3.3% rise on Thursday, and WTI sits around $88. Still, Brent is headed for a second weekly decline...

Today, gold has recovered some losses. Spot gold rose 0.8% to $3,915/oz after plunging yesterday to a 13-month low. Silver gained 1.1% to $50.56, while platinum and palladium also advanced...

New York Fed President John Williams confirmed on Thursday evening that the Fed is prepared to do more. "Inflation is far too high and it continues to be even...

The Fed set an even tougher tone for markets yesterday. Four Fed officials — Mary Daly, Beth Hammack, Austan Goolsbee, and Jeffrey Schmid — spoke about persistent inflation, with...

The GBP/USD pair also kept a downward bias on Thursday, continuing the tone of recent days. Recall that sterling had treated traders well in recent weeks with logical moves that...

Relatively few macroeconomic publications are scheduled for Thursday. Essentially, the only notable release is the US Producer Price Index (PPI), which is especially important for markets in the current environment...