Author: Darrell Jobman

EUR/USD The Euro hit resistance above 1.38 against the dollar in early Europe on Thursday and dipped weaker during the session with lows below 1.37 as markets took a more cautious attitude towards risk. There was further...

EUR/USD The Euro advanced strongly during the European session on Wednesday, peaking at one-month highs above the 1.38 level against the dollar. There was a more positive attitude towards risk, triggered initially by Chinese...

EUR/USD The Euro initially hit resistance in the 1.3650 area against the US dollar and dipped to lows near 1.3575 before finding fresh support and re-testing resistance in the 1.3680 area. Political and economic developments...

EUR/USD After rallying in Asian trading on Monday, the Euro continued to advance during the European session and peaked near 1.3680 with the strongest 1-day gain for 12 months. Following German Chancellor Merkel and French...

EUR/USD After consolidating above 1.34 ahead of the US employment data on Friday, there was fresh volatility during the US session. The headline US employment data was stronger than expected with a 103,000 increase in payrolls...

EUR/USD The Euro generally consolidated ahead of the ECB interest rate decision, although there was a brief spike to the 1.3380 area on reports that the EU commission was backing a more comprehensive recapitalisation of the...

EUR/USD The Euro was able to resist heavy selling pressure during Wednesday and again rallied to test resistance in the 1.3360-80 band against the dollar, but was unable to break though this region as underlying sentiment...

EUR/USD The Euro remained under pressure during the European session on Tuesday, but found support in the 1.3150 area and was able to recover strongly during the New York session as important technical support held. There was a...

EUR/USD The Euro remained under heavy pressure on Monday, unable to gain any significant relief as negative headlines continued to dominate markets. There were further concerns surrounding the Greek situation following the...

EUR/USD The Euro was unable to move above 1.36 against the dollar during Friday and came under sustained pressure as underlying sentiment remained weak. There was further evidence of quarter-end demand for the US currency which...