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

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...

As I have said many times, freezing the conflict in the Middle East under current conditions is, in practice, the best of the realistic options. I am not inclined...

The second round of negotiations between Iran and the US has failed to take place for the fifth consecutive day. No one currently understands when Iranian and American diplomats will...

Last week, reports in the Japanese press indicated that the Bank of Japan is not particularly prepared to raise rates at its April 28 meeting. In particular, it has been...

Negotiations have failed, and the Strait of Hormuz is blocked. The US and Iran are accusing each other of hijacking tankers. And the euro is not going to drop below...

Gold posted its worst daily drop in two weeks amid the collapse of US–Iran talks, Kevin Warsh's hawkish rhetoric before the Senate Banking Committee, and a surge in US retail...

The fundamental backdrop for EUR/USD remains highly contradictory because the geopolitical narrative has lost linearity. By the close of yesterday the market expected either a resumption of hostilities...