Author: Darrell Jobman

EUR/USD The Euro found support on dips to the 1.36 area during Wednesday and secured a generally stronger tone as the correction from sharp losses continued. There were further tensions surrounding the Euro during the day as the...

EUR/USD The Euro found support on dips to the 1.3550 area on Tuesday and rallied strongly during the European session with a peak near 1.3750. There were reports that Germany and France were to issue a joint statement on the...

EUR/USD After finding support in the 1.35 region against the dollar on Monday, the Euro secured a corrective recovery in very choppy trading conditions. The currency was over-sold following very sharp losses over the previous...

EUR/USD The Euro was subjected to further heavy selling pressure on Friday as technical and fundamental factors combined to seriously undermine confidence. After a relatively calm start, volatility sparked higher at the start of...

EUR/USD The Euro held above 1.40 against the dollar ahead of the ECB interest rate decision on Thursday, but was blocked in the 1.41 area. As expected, the ECB left interest rates on hold at 1.50%. The ECB also presented fresh...

EUR/USD The Euro found support in the 1.40 area against the dollar during Wednesday and briefly spiked to the 1.4150 area before faltering again. The German Constitutional Court ruled that the original May 2010 Greek bailout was...

EUR/USD The Euro was pushed sharply higher in European trading on Tuesday with a technical move following the Swiss National Bank move to weaken the franc. There was a very rapid advance for the Euro against the franc which also...

EUR/USD The Euro was unable to regain any significant ground on Monday and was subjected to renewed selling pressure as underlying confidence deteriorated. The focus was inevitably on Europe given that there was a US market...

EUR/USD The Euro was unable to regain the 1.44 level in European trading on Thursday and was again subjected to heavy selling pressure as it dipped to the lowest level since the middle of August. The latest PMI data was weaker...

EUR/USD The Euro was unable to break above resistance in the 1.4460 area on Wednesday and dipped sharply lower during the US session with a test of support below 1.4380. The currency also lost ground on the crosses with...