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

The US Dollar Index (DXY), which tracks the dollar against a basket of six currencies, is consolidating around 100.50, remaining close to the nearly four-week low reached yesterday. Fading expectations...

Gold (XAU/USD) is posting moderate losses during the first half of Wednesday's European session and is currently trading near the lower boundary of its intraday range, around $4,025, down approximately...

The EUR/USD pair is firmly holding above the 1.1450 mark during Thursday's morning session, consolidating its growth demonstrated over the last two days and reaching a level not seen since...

All that glitters is not gold. The S&P 500 closed higher for a second day, inflation is cooling faster than expected, and Wall Street traders have trimmed bets on aggressive...

The July Westpac-Melbourne Institute consumer confidence index showed a notable increase of 4.1%, reaching 83.9 points from 80.6 in June. This is the highest level since the beginning...

The euro-dollar pair is testing the resistance level of 1.1470 for the second consecutive day (the upper line of the Bollinger Bands indicator coinciding with the Kijun-sen line...

There are several macroeconomic publications scheduled for Thursday, but none are truly significant. In the U.K., data on GDP and industrial production for May will be released, which generally...

The GBP/USD currency pair surged upward on Wednesday for no apparent reason. On Tuesday, the pound also exhibited volatility of more than 100 pips, which can be easily explained...

The EUR/USD currency pair continued to trade within a narrow sideways channel on Wednesday, which is clearly visible on the 4-hour timeframe. On Tuesday, inflation data for June was released...

Slow and steady wins the race. The U.S. dollar has decided to take a break after the drop experienced the previous day. The reason for the plunge was significant: U.S...