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

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...

The price of West Texas Intermediate (WTI) crude oil is consolidating around the July high of approximately $80.60, attempting to break and hold above the 50-day EMA. The rise...

The gap between interest rates in the UK and Japan, along with the economic risks associated with the conflict in the Middle East, is putting pressure on the Japanese...

The Producer Price Index (PPI) report released today became the second consecutive indication of easing inflationary pressure in the United States, following yesterday's Consumer Price Index (CPI) data. This...

The U.S. dollar may continue to weaken if the conflict in the Middle East remains limited in scope and expectations for higher U.S. interest rates continue to decline. The U.S...

Gold (XAU/USD) attracted sellers during the first half of Wednesday's European session after failing to consolidate above the $4,100 level the previous day. Nevertheless, bulls continue to defend their positions...

Gold recovered some ground after falling below $4,000 an ounce, but calling it a reason for optimism is difficult: the market is merely having minor upward correction, quickly regaining some...