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

There are very few macroeconomic reports scheduled for Friday, and almost none of them are significant. The only notable report we can highlight is the University of Michigan Consumer Sentiment...

On Thursday, the GBP/USD currency pair lost about 100 pips before the Bank of England's meeting results were announced. Either traders expected the worst from the very beginning, or insider...

The EUR/USD currency pair traded quite calmly throughout Thursday, especially given the day's central bank meetings. However, let us remind you that the European Central bank and Bank of England...

At the end of the first meeting of the current year, I also want to note that the Bank of England is not discarding further easing of monetary policy; however...

On Thursday, a meeting was held not only at the European Central Bank but also at the Bank of England. Unlike the European currency, the British pound came under market...

The European Central Bank emphasizes the resilience of the economy but acknowledges a more uncertain global situation. Mixed signals from the US support doubts regarding the dynamics of the labor...

The USD/JPY pair has been rising amid a broader depreciation of the Japanese yen. This week, the pair has increased by almost 300 pips and tried to consolidate around...

Gold remains on a downward trajectory amid mixed fundamental factors. U.S. dollar strength is a key barrier to further gains in the precious metal. At the same time, an agreement...

The Japanese yen remains at a disadvantage amid concerns over Japan's fiscal situation. Political uncertainty ahead of snap elections is further undermining the yen's position. The U.S. dollar is holding...

The GBP/USD pair continues to lose ground for the second day in a row amid a broad strengthening of the U.S. dollar. Bets on further Federal Reserve rate cuts...