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

Only one macroeconomic report is scheduled for Tuesday—the U.S. Consumer Price Index (CPI). However, this publication is significant, at least for the time being. If inflation in America begins...

The GBP/USD pair traded lower on Monday, allowing it to consolidate below the two-week ascending trend line. Essentially, only geopolitics could trigger a strengthening of the U.S. dollar...

The EUR/USD currency pair showed absolutely no interesting movements in Monday's trading. In the first half of the day, the euro gained about 50 pips, while in the second half...

The GBP/USD currency pair traded lower on Monday and generally remains a pair that is moving rather than stagnant. The U.S. dollar gained market support on Monday as geopolitics once...

The EUR/USD currency pair continued to trade with minimal volatility, primarily sideways, on Monday. Overall, we have observed low-volatility movement for the eighth consecutive day, exhibiting all the signs...

The GBP/USD pair has gained nearly 300 pips over the past two weeks; however, will the British currency continue to rise? It is worth noting that we consider the latest...

The EUR/USD pair has effectively remained stagnant since the Friday before last, trading within the range of 1.1391-1.1461. This means we are dealing with yet another low-volatility flat...

Over the weekend, Iran once again imposed a blockade on the Strait of Hormuz, but the situation in this beleaguered waterway is becoming increasingly convoluted by the day. Perhaps...

XAU/USD: Inflation concerns driven by rising oil prices outweigh gold's traditional role as a safe haven. A key moment will come on Tuesday when the CPI data is released...

At the end of last week, USD/CAD updated a three-week price low despite a general strengthening of the U.S. dollar. Bearish dynamics persist on Monday, as the pair is again...