Forex Opinion & Analysis

The dollar advanced on Friday against most major currencies, after data showed that the U.S. economy created slightly less jobs than expected last month, while unemployment declined in line with...

The following are the intraday outlooks for EUR/USD, EUR/GBP, USD/CAD and AUD/NZD as provided by the technical strategy team at SEB Group.EUR/USD: Eyeing next the 1.1067 support. The decline continued...

KEY DATA RELEASES TODAY (BST) : 12:00 GBP Official Bank Rate 0.50% v 0.50% 12:00 GBP Asset Purchase Facility 375B v 375B 12:03 GBP MPC Rate StatementOVERNIGHT: EUR/USD weighed on into the back end of...

EUR/USDRisk reward: 2.72Volatility: HighUp at 1.1134 Limit 1.1102 Target 1.1221USD/JPYRisk reward: 1.31Volatility: AverageDown at 119.97 Limit 120.29 Target 119.55GBP/USDRisk reward: 2.25Volatility:...

GBP/USD Main scenario:The pair is trading along a downtrend.The downtrend may be expected to continue while pair is trading below resistance level 1.5480, which will be followed by reaching support...

EUR/USD Main scenario:The pair is trading along a downtrend.An uptrend will start as soon, as the pair rises above resistance level 1.1225, which will be followed by moving up to resistance level...

Market Movers: Weekly Technical OutlookTechnical Developments to Watch:EUR/USD hanging on to bullish channel support at 1.1200 GBP/USD rallied up to resistance at 1.5500 after Tory majority in UK...

EUR/USDThe euro fell against the dollar modestly on Friday by roughly 0.5% as a surprising result in the UK general election and a mixed U.S. jobs report had little impact on the currency pair. The...

The pound has been volatile recently with some strong moves in both directions. The election resulted in a big push higher, but that has been met with some strong resistance and a double top is now...

Old Age Hampers the Japanese Economy! Demographics Matter in Japan & Here’s WhyJapan’s population is aging quickly, but more importantly it’s declining too. The country is...

The euro was under pressure during Monday’s Asian trading, ahead of a key Eurogroup meeting of Eurozone finance ministers that will evaluate the progress on negotiations between Greece and its...

On Friday, the AUD strengthened 0.34% against the USD to close at 0.7928.LME Copper prices declined 0.63% or $40.5/MT to $6396.5/MT. Aluminium prices declined 0.35% or $6.5/MT to $1864.0/MT.In the...

On Friday, the USD declined 0.11% against the CAD to close at 1.2092, after the US non-farm payrolls increased less than expected in April.In economic news, Canada’s unemployment rate remained...

On Friday, the USD rose 0.95% against the CHF and closed at 0.9312. The Swiss Franc lost ground, after Switzerland’s CPI surprisingly slid 0.2% on a monthly basis in April, compared to a 0.1%...