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

Conflicting inflation data in the United Kingdom pressured the British currency. Although many components of the release printed in the green, traders interpreted the result as unfavorable for sterling...

Concerns about inflation are reinforcing expectations of less dovish Federal Reserve policy and putting additional pressure on the non-yielding precious metal. Fundamental factors favor bearish traders and confirm the likelihood...

Risk assets fell against the US dollar on news that ship traffic through the Strait of Hormuz on Thursday stopped completely after Iran fired on merchant vessels and claimed...

The market prices in everything. If the S&P 500 and the Nasdaq Composite are hitting new record highs, investors must know something. Yes, US–Iran talks collapsed, the Strait of Hormuz...

Oil prices have risen for the fourth consecutive day as the US and Iran continue their struggle for control over the Strait of Hormuz after failing to conduct...

Despite the escalation of the Middle Eastern conflict following the seizure of commercial vessels by Iran in the Strait of Hormuz, gold prices have shown a tendency to decline. This...

There are quite a few macroeconomic reports scheduled for Thursday, primarily focusing on indices of business activity in the services and manufacturing sectors in Germany...

The GBP/USD currency pair traded in a narrow range and showed low volatility on Wednesday. Thus, we maintain the view that the pair is simply undergoing a technical correction...

The EUR/USD currency pair traded with low volatility and a slight downward corrective bias on Wednesday. Traders continue to ignore the macroeconomic backdrop. Even if there is a market reaction...

The U.S. naval blockade and stalled peace talks continue to sustain a high level of geopolitical risk. Elevated oil prices and the Federal Reserve's forecasts support the U.S. dollar, limiting...