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

Forex Analysis

Forex Analysis:::2020-10-22
EUR/USD. Euro "caught" the coronavirus, dollar in anticipation of Friday's turbulence
https://forex-images.ifxdb.com/userfiles/20201023/appsimage_analytics5f920545ed7dd.jpg
The euro-dollar pair continues to trade amid a contradictory fundamental background. The dollar is guided by the ongoing negotiation process between Democrats and representatives of the White House, while...
Forex Analysis:::2020-10-22
AUD/USD. A major contract with Sinosteel positively affected the Australian Dollar but the pair's further growth is questionable
https://forex-images.ifxdb.com/userfiles/20201022/appsimage_analytics5f913ae6bb333.jpg
The Australian Dollar reacted positively to the news that one of the largest Chinese companies, Sinosteel, signed a contract for the supply of ore from a new deposit...
Forex Analysis:::2020-10-21
EUR/USD. New stimulus package and old tricks of politicians: the dollar is under pressure again
https://forex-images.ifxdb.com/userfiles/20201021/appsimage_analytics5f9062fb538b9.jpg
Once again, the US dollar index is diving down. Discussion of the long-suffering bill on a new package of incentives already resembles a multi-part melodrama, the storyline of which...
Forex Analysis:::2020-10-21
GBP/USD. New heights of the British pound: "unsinkable" pound again updates local highs
https://forex-images.ifxdb.com/userfiles/20201021/appsimage_analytics5f901d793759b.jpg
"Our proud Varangian does not give up to the enemy": the British currency shows amazing stress resistance and perseverance. Despite all the negative signals, GBP/USD traders remain optimistic about...
Forex Analysis:::2020-10-21
EUR/USD. They did not agree again: American politicians knocked down the dollar
https://forex-images.ifxdb.com/userfiles/20201021/appsimage_analytics5f8fd57e8f929.jpg
The US currency is declining in all aspects: the dollar index fell to monthly lows and key dollar pairs similarly changed their configuration reflecting the General weakening of the greenback...
Forex Analysis:::2020-10-20
GBP/USD. Buying the Pound on decline
https://forex-images.ifxdb.com/userfiles/20201021/appsimage_analytics5f8f9a3ddd900.jpg
The pound, thought of to be unsinkable, has once again confirmed its reputation. Despite the negative signals that sounded at the beginning of this week, the currency held its position...
Forex Analysis:::2020-10-20
EUR / USD: Deadline of negotiations on the coronavirus relief bill. Positive news on COVID-19 vaccine.
https://forex-images.ifxdb.com/userfiles/20201020/appsimage_analytics5f8eb88b8d244.jpg
The euro has been trading within the 17th figure for three weeks already, failing to breakout from the current price range because of the limited upward and downward impulses. Euro...
Forex Analysis:::2020-10-20
AUD/USD. RBA's minutes left more questions than answers
https://forex-images.ifxdb.com/userfiles/20201020/appsimage_analytics5f8e8632275ae.jpg
The Australian Dollar is under pressure again. This time, the catalyst for the downward momentum for the AUD/USD pair was the minutes of the last meeting of the Reserve Bank...
Forex Analysis:::2020-10-19
GBP/USD. Miracles of stress tolerance: Pound rises, despite EU summit's disappointing results
https://forex-images.ifxdb.com/userfiles/20201020/appsimage_analytics5f8e19559d141.jpg
The market "did not believe" that the results of the October EU summit were a failure, as there is a general confidence among traders that the parties will eventually come...
Forex Analysis:::2020-10-19
EUR/USD. COVID-19 and politically unreliable US dollar
https://forex-images.ifxdb.com/userfiles/20201019/appsimage_analytics5f8d5265c94cb.jpg
There is a struggle with the position of the bulls and bears on the EUR/USD pair. The dollar retains its growth potential due to the rising problem with COVD-19...
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