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

West Texas Intermediate (WTI) — the US benchmark grade — has paused at the 9-day EMA amid mixed statements from Washington and Tehran. At the moment, the price is trading...

The less hawkish tone of the FOMC meeting minutes and hopes for a diplomatic resolution with Iran are putting pressure on the US dollar. At the same time, expectations...

Even the longest storm subsides once peace looks plausible. US President Donald Trump's remarks that Iran is prepared to halt the fighting that flared this week were enough to sharply...

Gold has stabilized around $4,120 per ounce today. Meanwhile, traders are assessing the implications of the renewed hostilities in the Middle East and the prospects of a rate hike...

The Japanese yen rose significantly against the dollar today after unexpected comments from Japan's finance minister, which the market interpreted as a possible signal of an imminent inflow of domestic...

No macroeconomic publications are scheduled for Friday. Therefore, traders will once again have nothing to react to. Movements will again be purely technical for both currency pairs. Only geopolitical factors...

The GBP/USD currency pair rose again on Thursday, despite no grounds for the move. Interestingly, during the period when the pound was falling every day, nearly all experts were proclaiming...

The EUR/USD currency pair once again failed to impress with its movements on Thursday. The illustration below clearly shows that since last Friday, the pair has struggled to move more...

Amid yet another escalation in the Middle East, the minutes from the June Federal Reserve meeting went unnoticed, proving less hawkish than many market participants had expected...

The price of West Texas Intermediate (WTI) crude oil showed a slight decline on Thursday but remained above the 200-day SMA. This movement was caused by profit-taking from investors after...