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

Something strange is happening with oil. It doesn't rally on escalations in the Middle East and falls when the fires in the region calm. That was the case with...

Stagflation fears, capital being freed up for the SpaceX IPO, and geopolitics were the three pillars that drove the recent S&P 500 correction. US inflation accelerated to 4.2% —...

Real GDP growth in Q1 was slightly revised downward to +0.5% q/q and +1.8% y/y, compared with the initial estimate of +0.5% and +2.1%. The first quarter only partially reflected...

The Bank of Canada kept its key overnight interest rate unchanged at 2.25%, fully in line with market expectations. The overall tone of the statement and Governor Macklem's opening remarks...

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...