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

Rising oil prices are keeping inflation risks elevated and increasing expectations of a Federal Reserve interest-rate hike, supporting the dollar. The confrontation between the United States and Iran is strengthening...

Where there's smoke, there's fire — the market was reminded of that truth when Brent rose to nearly $92 a barrel, and Treasury yields followed suit. Stocks joined Treasuries...

The pound weakened today after data showed that employers continued to cut staff in July and that job vacancies hit a five-year low. The report comes amid weak labor demand...

Today, gold has slightly decreased by 0.4% to $4,396.58 per ounce, holding on to most of the 1.5% increase from the previous two sessions. Silver fell by 0.8% to $65.29...

Brent crude oil continues to gain momentum, approaching $92 per barrel, while WTI has risen above $85 per barrel. The reason behind this is the diminishing prospects for a swift...

The geopolitical situation in the Middle East is heating up again. Just yesterday, Donald Trump announced that he is ready to order strikes against Oman "if it interferes with...

There are quite a few macroeconomic publications scheduled for Tuesday. In the UK, today will see the release of the unemployment rate, wage growth for June, and the number...

The GBP/USD currency pair continued its upward movement on Monday, but as we warned, volatility was low. On the first trading day of the new week, there were no important...

The EUR/USD currency pair continued to trade higher on Monday, despite no macroeconomic reports or fundamental events scheduled for the day. Thus, traders resumed buying the EUR/USD pair from...

On Monday, the pound against the dollar reached a three-month price high, marking 1.3570. This price movement is due not only to the general weakening of the greenback but also...