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

Yesterday, the pound sterling started gaining in value just from early morning. Firstly, the rise was quite modest but then it accelerated. The increase was mainly caused by rumors about...

The AUD/USD pair registered strong growth in the short term. As you can see on the H1 chart, the price ignored the 0.7041 former high and the minor downtrend line...

The GBP/USD pair rallied at the time of writing and the Dollar Index plunged. It was traded at 1.2478 at the time of writing right below the 1.2498 key resistance...

According to preliminary estimates, inflation in the eurozone grew to 7.5% from 7.4%. Meanwhile, the final reading showed slightly different results. Figures remained unchanged, which could be interpreted...

If the US reports completed a local correction, then the British one has already led to the resumption of the trend for the strengthening of the dollar, and Powell explained...

An absolutely empty macroeconomic calendar boosted the oversold pound sterling. However, the currency showed only a small rise amid the possibility of a fully-fledged energy crisis in Europe...

Although, due to the obvious oversold situation on the market, a full-fledged correction in the pound is already suggesting itself, which is largely due to the policy of the European...

The euro has already fallen to its lowest level since December 2002. Taking into account the fundamental factors and macroeconomic statistics, the best scenario for the euro will be stagnation...

The pound literally collapsed yesterday, largely due to growing concerns about the outlook for the British economy, which eventually led to its excessive oversold, and today it has a chance...

Today, forecasts for the US inflation may meet the reality and the price growth may slacken for the first time since August 2021. If the predictions come true, it will...