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

Rising tensions between the United States and Iran, along with expectations of a Federal Reserve rate hike, are limiting deeper losses in the US dollar and restraining gains in gold...

The dollar ticked up slightly after the May CPI report confirmed the market's worst fears. Inflation in the US accelerated to 4.2% year-on-year — the highest since early 2023...

The US dollar strengthened on news that the United States continued striking Iran. Yesterday, US Central Command reported a new wave of additional strikes — Marine Corps, Air Force...

After yesterday's heavy sell-off, gold is recovering slightly today, up about 0.6% to around $4,108 an ounce. Volatility remains unprecedented: within a single session, the metal first plunged 4%...

Today, the European Central Bank meeting will take place, and markets expect a hike in the key interest rate. The critical question remains: will this support the euro? Currently...

There are very few macroeconomic reports scheduled for Thursday. The only noteworthy report is the US Producer Price Index (PPI), which is significant for the market but carries little weight...

The GBP/USD currency pair traded quite calmly on Wednesday, as if there were peace and tranquility in the Middle East. However, that is not the case. In the Middle East...

The EUR/USD currency pair maintained a downward bias on Wednesday, with geopolitical events not suggesting otherwise at this time. Recall that the week began optimistically with new promises from Donald...

On Tuesday, I wrote that the probability of at least one Federal Reserve interest rate hike by the end of the year currently stands at around 70%, according...

Almost all components of the CPI report published on Wednesday met expectations, reflecting acceleration in both overall and core annual inflation. At first glance, this appears to be a significant...