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

Real GDP per capita declined by 0.1% in the first quarter, marking the tenth contraction in the past 15 quarters. The Westpac Leading Index, which is designed to forecast economic...

Today, the Federal Reserve holds its first meeting under Chair Kevin Warsh—arguably the most anticipated event of the week, even though the policy decision itself is not in doubt...

The market pulled back on profit-taking in technology stocks. The Philadelphia Semiconductor Index and the Nasdaq Composite were among the hardest hit. Investors are gradually coming down from the euphoria...

Gold (XAU/USD) continues to hold near the key support level of $4,300 and is trading cautiously as market participants await the Federal Open Market Committee's (FOMC) interest rate decision...

The EUR/USD pair has posted gains for three consecutive days this week and remains firmly above the psychological 1.1600 level. However, bulls remain cautious and are reluctant to take aggressive...

Oil has hit a three-month low—Brent is stabilizing around $79 per barrel, while WTI tested $75. Clearly, the market is trading Friday's signing of the memorandum in Geneva...

Yesterday, a draft memorandum of understanding consisting of 14 points was leaked to the media; the U.S. and Iran are scheduled to officially sign it today in Switzerland. The document...

There are a few macroeconomic reports scheduled for Wednesday, but one report stands out. It concerns the UK consumer price index for May. Recall that in the previous month, inflation...

The GBP/USD currency pair also traded slightly higher on Tuesday, despite the absence of important macroeconomic reports, geopolitical news, or fundamental events. However, the geopolitical backdrop changed last Thursday when...

The EUR/USD currency pair began the new week higher, but this growth quickly ended. Traders, having experienced an hour of euphoria at the market open, quickly regained their composure...