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

Bullish oil prospects, a stabilizing labor market, and a pick-up in US inflation — what more is needed to strengthen the greenback? The US dollar should benefit from high demand...

On Wednesday, gold (XAU/USD) is showing moderately negative dynamics, attempting to hold above the psychological $4,700 level, though without clear dominance from sellers. US inflation data published on Tuesday exceeded...

The latest monthly NAB survey showed a deterioration in business activity in Australia. In April, companies' input costs rose 4.5% (quarter-on-quarter), notably outpacing the increase in output prices (1.8%). That...

Since the previous report, there have been no significant domestic events in New Zealand that could materially affect the market. The Reserve Bank of New Zealand (RBNZ) published its Financial...

Yesterday, the US dollar rose following the news that the US consumer price index for April delivered an unpleasant surprise to markets: inflation accelerated to its highest level in nearly...

After a blistering rally, a breather would be welcome. However, to pause, S&P 500 bulls need a trigger that scares them off. If geopolitics cannot do it, inflation might...

Gold has held steady for the second consecutive day, returning to the level of $4,700 per ounce after a sell-off. Yesterday, the precious metal came under pressure following the release...

There are a few macroeconomic reports scheduled for Wednesday. In the Eurozone, reports on industrial production for March and the second estimate of GDP for the first quarter will...

The GBP/USD currency pair also declined sharply on Tuesday, which many view as the start of a new cycle of US dollar strength amid the lack of an agreement between...

The EUR/USD currency pair unexpectedly fell on Tuesday. Recently, optimism regarding the Iran-US peace agreement among investors and traders in financial markets had been exceedingly high. We have repeatedly pointed...