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Author: Darrell Jobman

US Data Was Slightly Better Than Expected

EUR/USD The Euro initially hit resistance close to 1.40 against the dollar on Thursday, but accelerated sharply during the US session as there was a wider slump in the US currency as it was subjected to the largest decline for...

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Volatility Spiked Again in US Trading

EUR/USD The Euro probed resistance levels near 1.3950 against the dollar in European trading on Tuesday, but was unable to break higher as volatility also remained an important feature during the day. In a draft section from the...

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Euro Rallied Firmly

EUR/USD The Euro found support on dips to the 1.37 area against the dollar on Friday as major support levels were not tested due in part to wider dollar vulnerability. Discussions between Germany and France over the EFSF...

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Housing Data Stronger Than Expected

EUR/USD The Euro initially found support in the 1.3750 area against the dollar on Wednesday and rallied to a high above 1.3850 ahead of the US open and again following the latest batch of US economic data The housing data was...

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