Author: Darrell Jobman

EUR/USD The Euro was able to secure a steadier tone during Thursday as there was a decline in Italian yields and markets were able to take a slightly more measured tone surrounding the Euro-zone crisis. There was sufficient...

EUR/USD The Euro was subjected to very heavy selling pressure on Wednesday as the situation in Italy deteriorated rapidly. There was a surge in Italian bond yields during the session as Prime Minister Berlusconi’s...

EUR/USD The Euro found support on dips to below 1.3750 against the dollar during Tuesday and was generally firmer in cautious trading conditions. Italian political and economic situation remained an extremely important focus as...

EUR/USD The Euro was again subjected to choppy trading during Monday as it found support below 1.37 against the dollar while there was stiff selling pressure above 1.38. There was further caution over aggressive Euro selling...

EUR/USD The Euro generally consolidated just above the 1.38 level ahead of the US employment data on Friday with the currency unable to gain any fresh momentum as protracted political negotiations in Greece deterred aggressive...

EUR/USD The Euro was generally firmer in the run-up to the ECB interest rate decision. There was strong speculation that the Greek Prime Minister Papandreou would be forced to resign and abandon the referendum plan as internal...

EUR/USD The Euro maintained a firmer tone during the European session on Wednesday as it attempted to rally from over-sold conditions, but it was unable to break any major resistance levels and was subjected to renewed selling...

EUR/USD The Euro remained under heavy selling pressure during the European session on Tuesday and dipped to below the 1.3660 support zone with lows near 1.36 before a technical recovery from over-sold conditions. The...

EUR/USD The Euro consolidated in the 1.40 area against the dollar during the European morning on Monday with evidence of central bank buying support on dips, but was subjected to renewed selling pressure during the New York...

EUR/USD The Euro was unable to break above the 1.42 level against the dollar on Friday and generally drifting slightly weaker in narrow ranges with a test of support in the 1.4120 area as markets continued to reflect on...