Author: Darrell Jobman

EUR/USD The Euro found support below 1.33 against the dollar on Friday and pushed sharply higher to a peak above 1.34 before falling back again during the US session. EU Leaders concluded their Summit on Friday, hammering out...

EUR/USD The Euro consolidated around 1.34 ahead of the ECB interest rate decision on Thursday as trading slowed to a crawl. The net outcome was in line with consensus expectations as the central bank cut the main financing rate...

EUR/USD The Euro was blocked in the 1.3450 zone against the dollar on Wednesday and retreated to test support around 1.3360 before again consolidating around 1.34 for a fourth consecutive day as markets were unable to break any...

EUR/USD The Euro was trapped within narrower ranges during Tuesday with a slightly firmer net tone as there was no further test of support in the 1.3360 area against the dollar. The economic data had some positive Euro impact as...

EUR/USD The Euro consolidated above 1.34 against the dollar on Monday and pushed higher during the European session with a peak above 1.3480. The Euro-zone data was broadly in line with expectations with a fifth successive...

EUR/USD The Euro maintained a firm tone ahead of the US payroll data on Friday with a challenge on resistance levels above 1.35. There were fresh reports that the ECB and potentially other European central banks would provide up...

EUR/USD The Euro was confined to narrower ranges during Thursday with a phase of consolidation following sharp gains triggered by the central bank cut to swap rates the previous day. There was a flurry of political rhetoric...

EUR/USD The Euro initially consolidated in the 1.33 area against the dollar on Wednesday before moving sharply higher early in New York. Risk appetite was boosted initially by the Chinese central bank decision to cut reserve...

EUR/USD After finding support below 1.33, the Euro pushed sharply higher ahead of the US open with a push to a peak around 1.3440. There was some relief that there was solid buying support at the latest Italian auction even...

EUR/USD The Euro maintained a firm tone in European trading on Monday as risk appetite also continued to recover with equity markets rebounding from two weeks of consecutive daily declines. There was further speculation of an...