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

Yesterday, Germany recorded its highest inflation in nearly three years, while France posted its strongest reading in over two years. In Spain, price growth accelerated to 5%, the highest since...

After a fresh batch of US data, traders revised their rate expectations. The divergence stems from mixed inflation readings. The core PCE price index, the Fed's preferred price gauge, rose...

The GBP/USD currency pair unexpectedly rose with confidence on Wednesday for many. For the first time in several weeks, the market saw factors supporting the British pound rather than...

The EUR/USD currency pair unexpectedly reversed upward on Wednesday, showing a modest rise. But even that rise surprised many traders, since the pair had been falling for three weeks...

Few macroeconomic publications are scheduled for Thursday. Germany and the United Kingdom will publish second estimates of manufacturing activity indexes today. In the Eurozone — a similar index...

EUR/USD updated a 16-month low on Tuesday, settling at 1.1312. A sharp rise in hawkish expectations about further Federal Reserve action drove this price action. After strong US PMI prints...

Inflation in France accelerated to 3.4%, the fastest pace in two years. In Italy, price growth sped up to 4.1%, the highest since 2023. In Spain, inflation jumped to 5%...

The market had already written off gold under the weight of a second consecutive Fed rate hike. The precious metal plunged to its lowest level since early August as investors...

During Wednesday's European trading session, the XAU/USD pair continues to consolidate below the $4,200 level, under the influence of conflicting fundamental factors. Falling US Treasury yields are pulling the dollar...

The British pound is recovering from a two-month low following the release of UK second-quarter GDP data, while the US dollar is weakening ahead of the PCE Price Index release...