Author: Darrell Jobman

EUR/USD The Euro found support below 1.36 against the dollar during Thursday and maintained a generally firm tone even though it was difficult to break resistance levels in the 1.37 region. The German parliament approved...

EUR/USD The Euro found support in the 1.3550 area against the dollar in Europe on Wednesday and pushed higher during the European session with a peak just below the 1.37 level. Markets were relieved that the IMF-led troika would...

EUR/USD The Euro found support in the 1.35 region against the dollar on Tuesday and rallied to a high just above 1.3650 during the New York session. There was a heavy bout of short-covering in a further correction from over-sold...

EUR/USD The Euro found support below the 1.34 level against the dollar on Monday and secured a significant recovery with a move to test resistance above 1.35 as trading conditions remained volatile. There was increased...

EUR/USD The Euro found support on dips towards 1.3425 on Friday and had a generally firmer tone during the day as there was a reluctance to sell aggressively ahead of weekend IMF and G20 meetings. Underlying confidence in the...

EUR/USD The Euro came under further pressure against the dollar on Thursday and retreated to lows near 1.3420, the lowest level since February during the New York session. There was a further deterioration in sentiment toward...

EUR/USD The Euro found support below 1.3650 against the dollar in Europe on Wednesday and strengthened to highs above 1.3750 as Europe closed.  There was some relief over the Greek situation as the government pledged to...

EUR/USD The Euro found support below 1.36 against the dollar on Tuesday and rallied firmly to the 1.37 area as the failure to break support levels triggered some short covering. Following a second conference call with the...

EUR/USD The Euro found support below 1.36 against the dollar on Monday and attempted to regain some ground, but rallies continued to attract selling pressure as underlying Euro sentiment remained extremely weak. Greece remained...

EUR/USD The Euro initially found support below 1.38 against the dollar on Friday and attempted to rally, but was blocked in the 1.3850 area as fears surrounding the Euro area increased. At the Friday ECOFIN meetings, US Treasury...