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

The CAD/JPY pair has been moving sideways between the 104.78 low (downside obstacle) and 105.97 (upside obstacle). The downtrend line represents an upside obstacle as well. As long...

The state of affairs in the UK remains unchanged for now. The only thing is that the Bank of England began buying government bonds yesterday, which will last until October...

The GBP/USD pair moves sideways in the short term trying to attract more buyers before developing a larger rebound. As you already know, the price registered a massive drop...

The energy support plan offered by Liz Truss and Kwasi Kwarteng was severely criticized by the House of Commons. This fact has slightly calmed down markets since the plan...

The EUR/JPY pair is strongly bullish in the short term and it seems determined to approach and reach new highs. The price action signaled that the sellers are exhausted...

Since last Friday, the situation in various markets has depended on the pound sterling, which unexpectedly slumped to all-time lows. This was the main driver for the US dollar rise...

Although the pound rebounded, tension is still felt across the market. A lot now depends on the Bank of England. Investors expect an unscheduled increase in interest rates from...

The euro is coming through tough times. Just in 24 hours, the currency dropped by almost 200 pips. In fact, the decline began on Tuesday, when the UK government announced...

The US dollar is so overbought that everyone is expecting a technical rebound. The BoE's decision to raise the benchmark rate by 50 basis points became a reason...