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

Markets often "shoot first and ask questions later." Investors started buying the euro against the US dollar following the escalation of armed conflict in Eastern Europe. However, the consequences...

The GBP/USD pair hit a weekly high on Wednesday but failed to hold within the 1.27 range. The UK inflation report provided only temporary support to the pound, although almost...

The USD/CAD pair is finding support at its weekly low, halting the pullback from its highest level since May 2020. However, current prices are struggling to gain significant momentum. Traders...

Today, the Japanese yen continues its steady intraday decline against the US dollar, pushing the USD/JPY pair to a new weekly high. This occurs amid uncertainty surrounding the timing...

The EUR/USD currency pair continued to trade below the moving average line on Tuesday. While it avoided another drop this time, the price still struggles to stage even a minimal...

On Monday, the GBP/USD pair hit a new local low; on Tuesday, little movement or meaningful correction was observed. The inability of the pound sterling to even correct highlights...

Bears need to wait for a sustainable breakout and close below $2600. Gold is rising for the second consecutive day, as geopolitical risks are driving a flow of investments into...

Today, the Japanese yen is losing most of its intraday gains against the U.S. dollar. Uncertainty about the timing of the next interest rate hike by the Bank of Japan...

Political fundamental factors often have a limited lifespan—not in terms of their impact but in the duration of their influence. Markets tend to react impulsively and sharply to political events...

The GBP/USD pair showed little inclination for significant movement on Monday, marking a rare calm day in recent months. While the session was relatively uneventful, the British pound's volatility...