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

Concerns about energy-driven inflation are bolstering the prospect of Fed tightening and further constraining gold price gains. Gold (XAU/USD) has eased slightly, interrupting a two-day advance amid a modestly stronger...

According to the CME FedWatch tool, the probability of a Fed rate increase at the September meeting is currently about 50%. The alternative—a pause—has roughly the same odds. The scales...

Gold appears to have stabilized around $4,480 an ounce after rising more than 2% on Thursday. Silver edged up 0.1% to $66.90, while platinum and palladium were essentially unchanged...

Federal Reserve Governor Christopher Waller said his next rate decision will be heavily influenced by August inflation data due next week. In prepared remarks he sounded close to supporting...

The stock market decided to pre-count future macro figures and delivered its best day in a month. The rally was unusually broad: every S&P 500 sector except three closed higher...

The euro and the pound have risen against the dollar for a second day, and the main reason was found not in the eurozone but in Tokyo: the yen strengthened...

The ISM services activity index for the US rose to 55.4 points in August from 54.1 in July, according to the Institute for Supply Management. Expansion has now continued...

The GBP/USD currency pair remained in decline on Thursday, which, in our view, is a banal technical correction. We believe there were no reasons (especially this week)...

The EUR/USD currency pair managed to recover slightly on Thursday after a two-week decline, which itself was a correction against a month-long rise. Thus the underlying uptrend that began...

Several macroeconomic publications are scheduled for Friday. For example, the EU will publish a retail sales report, but who in the market is interested in retail sales right...