Forex Opinion & Analysis

Forex News and EventsYellen to speak on US economic outlook (by Arnaud Masset) Yesterday’s FOMC minutes revealed that some Committee members acknowledged that the Greek crisis and the slowdown...

The following are the intraday outlooks for EUR/USD, GBP/USD, USD/JPY, and USD/CAD as provided by the technical strategy team at SEB Group.EUR/USD: Still hanging below the 55d ma. The break below...

In Today’s DecaPip I would like to talk about the GBP/USD and try to identify some good resistance on a potential short term Sell entry.So far this week we have the GBP/USD making a heavy...

Market Commentary Greece submitted a new bailout proposal that includes pension savings and tax increases to secure the EUR53.5bn for the country to remain in the EU. Interestingly, fresh terms of the...

Main scenario:The pair is trading along an downtrend with target on 1.5290.The downtrend may be expected to continue while pair is trading below resistance level 1.5425, which will be followed by...

Main scenario:The pair is trading along an sideways trend.The downtrend may be expected to continue in case the market drops below support level 1.1000, which will be followed by reaching support...

EUR/USDThe euro stays above 1.10 on Thursdays after the government of Greek Prime Minister Alexis Tsipras sought a three-year bailout loan of at least 53.5 billion euros ($59.2 billion), in a...

The Greek government has submitted economic reform proposals to try to secure a further bailout from its creditors, eurozone. The measures include tax rises, pension reforms, privatisation and...

For the 24 hours to 23:00 GMT, the AUD strengthened 0.37% against the USD to close at 0.7458. LME Copper prices rose 3.74% or $201.0/MT to $5576.0/MT. Aluminium prices rose 1.79% or $29.0/MT to...

For the 24 hours to 23:00 GMT, the USD declined 0.27% against the CAD to close at 1.2706. The CAD gained ground, after Canada’s seasonally adjusted housing starts registered an 11-month high...

For the 24 hours to 23:00 GMT, the USD rose 0.26% against the CHF and closed at 0.9479. In the Asian session, at GMT0300, the pair is trading at 0.9462, with the USD trading 0.18% lower from...

For the 24 hours to 23:00 GMT, the USD strengthened 0.86% against the JPY and closed at 121.75. In economic news, Japan’s machine tool orders advanced 6.6% on an annual basis in June, compared...

For the 24 hours to 23:00 GMT, the GBP traded a tad higher against the USD and closed at 1.5376. Yesterday, the BoE, in a widely expected move, agreed to maintain key interest rate at the record low...

For the 24 hours to 23:00 GMT, the EUR declined 0.06% against the USD and closed at 1.1071. Yesterday, the Greek government presented new economic reform proposals to its creditors in order to secure...