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Author: Darrell Jobman

US Retail Sales Data Provided Some Relief

EUR/USD The Euro again found support on dips towards 1.4150 against the dollar during Friday and rallied to a high near 1.43 before initially faltering again as risk appetite dipped once again. The US retail sales data provided...

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Sharp Declines in French Banking Stocks

EUR/USD The Euro was unable to push above 1.44 against the dollar on Wednesday and was subjected to heavy selling pressure during the New York session. There were fresh concerns surrounding the Euro-zone financial sector which...

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ECB Meeting Will be Watched Very Closely

EUR/USD The Euro found support near 1.4150 against the dollar during Wednesday and advanced strongly during the European session as cross-market trends had an important impact. Euro strength against the Swiss franc also boosted...

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Further Increase in Euro-Zone Tensions

EUR/USD Volatility increased sharply during Monday as fear dominated the markets. The Euro weakened sharply to lows below 1.4150 against the dollar before rebounded to 1.4280 and then weakening again late in the US session. Risk...

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