Forex Opinion & Analysis

The following are the intraday outlooks for EUR/USD, GBP/USD, AUD/NZD, and Crude Oil as provided by the technical strategy team at SEB Group.EUR/USD: An extended reaction higher. The 1.3588 downside...

With the FOMC meeting now consigned to history, and the currency markets now returning to ‘business as usual’ here is a round up for the Aussie, the British pound, the Canadian dollar and...

AUD/NZD The Australian dollar continues to struggle on the charts and against the NZD. After today’s weak unemployment data it has fallen so far as to almost touch the current bullish trend line...

The EUR/USD pair is following a bearish channel that should provide traders with the set up they need to go short. The lack of news this week will ensure the pair trades off technicals and a bounce...

Asian markets are trading on a mixed note today as Chinese exports missed the estimates which exerted downside pressure on the markets. While on the other hand, fall in oil prices due to rising...

Last night’s Fed minutes were almost as dull as the Argentina vs Netherlands match and will hopefully be as quickly forgotten. The broad overall message within the FOMC’s conversations...

EUR/USDThe euro rose against the dollar on Wednesday as investors waited on the sidelines for the release of the minutes from the Federal Reserve's June policy meeting. The Federal Reserve will...

EUR/USD Daily Analysis: Euro consolidated upward yesterday, hitting a high of 1.3642 just a few minutes ago. Bearish trend analysis suggest we will find plenty of offers below 1.3650, the 61.8%...

The U.S. Dollar was more or less unchanged on Wednesday as all eyes were on the Federal Reserve, which is slated to release the minutes from its June policy meeting. But as the morning progressed, the...

For the 24 hours to 23:00 GMT, the AUD strengthened 0.07% against the USD to close at 0.9412.LME Copper prices rose 0.3% or $18.0/MT to $ 7173.0/MT. Aluminium prices rose 0.7% or $13.5/MT to $...

For the 24 hours to 23:00 GMT, the USD declined 0.20% against the CAD to close at 1.0653.The Canadian Dollar traded higher, on the back of stronger than expected figures for Canadian housing starts...

For the 24 hours to 23:00 GMT, the USD declined 0.21% against the CHF and closed at 0.8911.In the Asian session, at GMT0300, the pair is trading at 0.8906, with the USD trading 0.06% lower from...

For the 24 hours to 23:00 GMT, the USD strengthened 0.08% against the JPY and closed at 101.60.On the economic front, the preliminary machine tool orders on an annualised basis rose 34.2% in June,...