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

Yesterday, the euro fell throughout the session. Asian trading, protests in France, and developments in commodity markets briefly gave the euro and the pound some support, as many traders...

The GBP/USD pair traded fairly calmly on Monday, but with a downward bias, even though no major events occurred on the week's first trading day. In short, the dollar...

The EUR/USD pair traded sluggishly on Monday because it had no drivers. In fact, the euro has traded within a narrow range with minimal volatility for more than a week...

Few macroeconomic releases are scheduled for Tuesday. The only relatively important report that could influence market sentiment today is U.S. durable-goods orders. All other releases are secondary or tertiary...

The IFO indices applied background pressure to the EUR/USD pair. The release wasn't a disaster for the euro — far from it — but it added to a string...

The eurozone Composite PMI fell to 51.9 in October from 53.1 the previous month, reaching a four-month low. The Manufacturing PMI eased to 52.4 from 52.9, while the Services...

The euro rises on bad news and falls on good news. This usually happens when major market participants close positions ahead of an important event. There is little need...

USD/JPY trades around 157.29, bouncing from last week's low near 156.10. A week ago the pair rose to 158.68 but then plunged amid risk-off flows. Over the past three months...

The FOMC meeting on October 27–28 no longer holds any suspense for markets as a policy decision. According to CME data on Monday morning, Fed funds futures imply about...

Gold (XAU/USD) started the new week below the psychologically important $4,000 level and subsequently moved above it. However, bearish sentiment continues to dominate the market. Although recent statements by Federal...