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

There are very few macroeconomic reports scheduled for Wednesday, but the sole event of the day could trigger significant market volatility. Recall that inflation in the U.S. has accelerated...

The GBP/USD currency pair also traded higher on Tuesday despite the lack of significant geopolitical, macroeconomic, and fundamental events. Secondary reports from Germany and the U.S. failed to prompt...

The EUR/USD currency pair traded higher on Tuesday, suggesting the range has resumed. How is this possible if the pair left a three-week sideways channel on Friday? It is possible...

Next week, the Bank of England will hold its next meeting, and current market expectations lean towards the interest rate remaining unchanged. The main limiting factor for the central bank...

On June 10, the Bank of Canada will hold its next meeting, and it is expected to maintain all monetary policy parameters. This is the basic and most anticipated scenario...

The price accounts for everything. Investors are convinced that the markets know everything. What does the EUR/USD rally mean amid the ongoing conflict in the Middle East? Does it indicate...

On Thursday, the European Central Bank will hold another monetary policy meeting. The market almost unanimously expects a 25-basis-point increase in interest rates. Recent statements from members of the Governing...

The GBP/USD pair is approaching the key level of 1.3400 against the backdrop of a weakening U.S. dollar; however, fundamental factors suggest a cautious approach before opening positions for further...

The US labor market report for May beat expectations: 172,000 new jobs were created versus an 85,000 forecast. Data for the two previous months were revised up — from 115,000...

Gold (XAU/USD) is showing limited movement on Tuesday, remaining within a narrow range during the European session. The U.S. dollar retreated from a two-month high after Iran and Israel announced...