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

Less than 24 hours after the first ECB rate increase since 2023, Bundesbank president Joachim Nagel signaled that the June move would not be the last. "The Governing Council will...

Gold (XAU/USD) remained below the $4,260 resistance level during the early European session on Friday, while holding above the lowest level since November recorded the previous day. Conflicting rhetoric regarding...

Yesterday, the US dollar experienced a sharp decline, and the reasons for this—at least according to the market—are quite remarkable. As soon as Trump declared for what seems like...

There are a few macroeconomic reports scheduled for Friday, and the most significant ones will be released in the UK. Recall that in Britain, macroeconomic data is released in blocks...

The GBP/USD currency pair traded calmly on Thursday, moving slowly and without much concern. Looking at the chart below, in the past 18 days, volatility exceeded 88 pips only once...

The EUR/USD currency pair traded quite sluggishly on Thursday, despite a truly significant event—the European Central Bank meeting and the first rate hike since 2023. Recall that...

Following the June meeting, the Bank of Canada left all monetary policy parameters unchanged, thereby implementing the baseline and most anticipated scenario. Specifically, the main interest rate remains at 2.25%...

The EUR/CHF cross entered midweek with a confident rise, trading around 0.9220–0.9230 after bouncing off early-June lows of about 0.9130. The pair is exhibiting a stable upward trend amid...

"Buy the rumor, sell the fact." The move to raise the deposit rate from 2% to 2.25% at the June ECB meeting was already priced into EUR/USD quotes. The European...

Something strange is happening with oil. It doesn't rally on escalations in the Middle East and falls when the fires in the region calm. That was the case with...