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

Based on the empty macroeconomic calendar, the market was expected to continue consolidating near previously established levels. Only unexpected events could add some variety to the course of trading—and that's...

The final inflation data for the Eurozone confirmed the preliminary estimate, showing an acceleration in consumer price growth from 1.7% to 2.0%, entirely in line with expectations. As a result...

Although the euro demonstrated some upward movement, it was purely symbolic. This is even though the dollar is already significantly overbought. Yesterday's trading dynamics essentially confirmed that the market retains...

Retail sales growth in the United States was expected to accelerate from 1.7% to 1.9%, but the actual data turned out to be much better. Specifically, the previous figures were...

The recent U.S. inflation data suggest a potential pause in the Federal Reserve's rate-cutting process, and Jerome Powell explicitly stated this. This comes alongside producer price data, which shows that...

As expected, the growth rate of consumer prices in the United States accelerated from 2.4% to 2.6%, further bolstering the dollar. Considering Jerome Powell's remarks during the press conference following...

Although the counting of votes for the House of Representatives is not yet complete, there is no longer any doubt that the Republican Party has achieved a resounding victory, securing...

Despite the public holiday in the United States, the market remained active, and the euro continued to lose ground. The reason lies in the aftermath of the elections. While...

Despite leading the charge in cutting interest rates, representatives of the European Central Bank have clearly emphasized the need for further monetary policy easing. This comes immediately after Federal Reserve...

It can be confidently stated that the Federal Reserve's decision to lower its refinancing rate from 5.00% to 4.75% contributed to the weakening of the U.S. dollar. However, this...