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

The past week delivered a mix of conflicting signals for the British pound. The labor market is weakening, inflation is accelerating, and retail sales are disappointing—seemingly a recipe for currency...

The USD/JPY pair has spent three consecutive weeks without determining its direction. The pair continues to oscillate within a broad price range of 158.00–159.60, alternately bouncing off the boundaries...

The EUR/USD pair began the new trading week within the 16-mark, nearly at Friday's closing price. This behavior of the pair reflects the indecisiveness of both buyers and sellers...

Gold (XAU/USD) reached a new high in mid-May, trading above the round-number level of $4,600. Reduced expectations of an imminent Federal Reserve (Fed) interest-rate hike, together with lower Treasury yields...

GBP/USD maintains a positive bias for the fourth consecutive day amid the prevailing tendency to sell the US dollar. Reduced expectations of a Federal Reserve rate hike and falling...

Gold has risen to a three-month high, gaining 1.2 percent today and surpassing $4,650 per ounce. Silver remains relatively unchanged at $68.97. The reason for the rally remains the U.S...

Brent crude fell 1.4% to $93.09 per barrel today, while WTI lost 1.6% to $85.64 per barrel. The pullback follows two weeks of gains during which the benchmark rose about...

The dollar made a strong recovery last Friday after the U.S. composite output index soared to 56.0 in August, up from 54.5 in July. The services activity jumped to 56.8...

No macroeconomic publications are scheduled for Monday, not even secondary ones. Thus, traders will have nothing to react to throughout the day, and volatility may be weak again. There...

The GBP/USD currency pair also showed confident growth over the past week, primarily thanks to the U.S. Treasury. The decision made by the Treasury was aimed at lowering yields...