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

A new trading week begins, and I once again emphasize the importance of geopolitics and the status of the U.S. dollar. Recall that in most cases, the primary role...

The price of gold surged after Iran reopened the Strait of Hormuz, alleviating concerns about global inflation. The weakening U.S. dollar and declining Treasury bond yields are providing additional support...

The pound in the pair with the dollar is losing ground, despite a fairly strong UK GDP report. In the moment, the GBP/USD pair reacted with an upside move...

Despite inflation in the euro area in March coming in higher than initially reported, which points to added upward pressure on prices from the war with Iran, it appears that...

After an explosive eight?day rally, EUR/USD has moved into consolidation as markets await developments in the Middle East. Donald Trump says Washington-Tehran talks could resume as soon as the weekend...

It is difficult to fight the USD/JPY rally if it is driven by dollar strength amid the conflict in the Middle East. However, growing investor confidence in reaching a peace...

The US dollar is supported by risks related to the Strait of Hormuz, acting as a counterweight. Hopes for Iranian diplomacy and reduced expectations of a Federal Reserve rate hike...

Animal spirits have returned to the equity market, and the S&P 500 and Nasdaq Composite managed to set new record highs on news of a 10-day ceasefire between Israel...

No macroeconomic reports are scheduled for Friday. However, the market remains quite indifferent to macroeconomic data. All recent truly important reports have been ignored. Whereas the market previously bought...

The GBP/USD currency pair was unable to extend its upward movement on Thursday, as there were no major news events that day. The market has fully priced...