Author: Darrell Jobman

EUR/USD The Euro initially maintained a firm tone on Friday with a further decline in peripheral bond yields helping to underpin sentiment while there was pressure to curb short positions ahead of the weekend. After a strong...

EUR/USD The Euro found support on dips towards the 1.27 area on Thursday and secured significant net gains against the dollar in choppy trading conditions. There were well-received bond auctions from Spain and Italy ahead of the...

EUR/USD The Euro again hit resistance in the 1.2780 area against the dollar on Wednesday and was subjected to renewed selling pressure ahead of the US open as underlying sentiment remained negative towards the currency. There...

EUR/USD The Euro continued to find support in the 1.27 area against the dollar on Monday and pushed to a high in the 1.2780 area before losing momentum. The currency remained over-sold following recent sharp losses and this...

EUR/USD The Euro was little changed ahead of the New York open on Friday as caution inevitably prevailed ahead of the US employment data with the currency hitting resistance just above the 1.28 level. The Euro-zone data offered...

EUR/USD The Euro was unable to push above the 1.2930 area against the dollar in Europe on Thursday and, in a similar pattern from the previous day, it was then subjected to sustained selling pressure as Euro-zone fears continued...

EUR/USD The Euro was unable to break above the 1.3070 area against the dollar on Wednesday and was then subjected to sustained selling pressure as underlying sentiment remained fragile. A renewed increase in borrowing from the...

EUR/USD The Euro mounted a challenge on the 1.30 level against the dollar on Tuesday and pushed higher as stop losses were triggered, maintaining momentum during the European session. There was no revision to the PMI...

EUR/USD There was little activity ahead of the new-year break with the Euro consolidating above the 1.29 level against the US dollar as there were no fresh trading incentives with the currency retreating from a brief advance to...

EUR/USD The Euro was unable to make any headway during the European session on Thursday with markets tense ahead of the latest Italian debt auction. The authorities managed to get the auction away and 10-year yields moved...