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

Escalating tensions between the United States and Iran, together with expectations of higher Federal Reserve interest rates, continue to support the U.S. dollar, which is likely to limit gains...

People tend not to act until the thunder strikes. And investors had long turned a blind eye to the smouldering US–Iran conflict until fresh clashes around the Strait of Hormuz...

Brent has already risen by 2.8 percent today, exceeding $85 per barrel for the first time in a month, following an almost 10 percent jump the day before...

Gold has recovered by 0.5 percent to $4,021.82 per ounce, regaining some of the 2.9 percent loss from Monday. Silver has increased by 0.1 percent to $57.70, while platinum...

Only one macroeconomic report is scheduled for Tuesday—the U.S. Consumer Price Index (CPI). However, this publication is significant, at least for the time being. If inflation in America begins...

The GBP/USD pair has gained nearly 300 pips over the past two weeks; however, will the British currency continue to rise? It is worth noting that we consider the latest...

The EUR/USD pair has effectively remained stagnant since the Friday before last, trading within the range of 1.1391-1.1461. This means we are dealing with yet another low-volatility flat...

Over the weekend, Iran once again imposed a blockade on the Strait of Hormuz, but the situation in this beleaguered waterway is becoming increasingly convoluted by the day. Perhaps...

XAU/USD: Inflation concerns driven by rising oil prices outweigh gold's traditional role as a safe haven. A key moment will come on Tuesday when the CPI data is released...

At the end of last week, USD/CAD updated a three-week price low despite a general strengthening of the U.S. dollar. Bearish dynamics persist on Monday, as the pair is again...