Author: Darrell Jobman

EUR/USD The Euro initially edged marginally higher in Europe on Wednesday with the principal feature being very narrow ranges as trading volumes remained extremely low. There was a sharp decline in yields at the latest Italian...

EUR/USD The Euro and dollar have been trapped within very narrow ranges during the holiday period with low trading volumes the most notable feature. There has been Euro resistance towards the 1.31 area while there has been no...

EUR/USD The Euro found support in the 1.3020 area against the dollar in Europe on Thursday and, in a similar pattern to the previous day, there were gains around the US open as it pushed to highs above 1.3110. There was a...

EUR/USD After holding support in the 1.31 area in Europe on Wednesday, the Euro spiked higher following the ECB long-term repo operation. The central bank allocated a larger than expected EUR489bn in funds at the first 3-year...

EUR/USD The Euro found solid support in the 1.30 area against the dollar on Tuesday and initially pushed to highs around the 1.3080 area with an extension of gains during the New York session as it peaked around 1.3130 with a...

EUR/USD The Euro was trapped within narrow ranges on Monday as there was an underlying lack of confidence in the currency, but a reluctance to push it sharply weaker given the pressures for a correction and the number of...

EUR/USD The Euro was able to find support below 1.30 against the dollar on Thursday and edged higher to the 1.3050 area, although it was trapped in smaller ranges as markets looked to consolidate after sharp Euro losses earlier...

EUR/USD The Euro briefly bounced to the 1.3050 area against the dollar on Wednesday, but buying lacked conviction and it was subjected to renewed selling pressure once the 1.30 technical support level was broken. There were...

EUR/USD The Euro edged higher ahead of the US open on Tuesday, but was unable to move much above the 1.32 level and was then subjected to renewed selling pressure as it dipped to an 11-month low against the dollar. There were...

EUR/USD The Euro was blocked in the 1.3350 area against the dollar on Monday and weakened steadily during the day as underlying doubts surrounding the Euro-zone outlook increased following the EU Summit. There was a warning from...