Author: Darrell Jobman

EUR/USD The Euro came under pressure again in European trading on Friday with lows below 1.4250 as fears over the Euro-zone debt crisis increased again. Peripheral yield spreads continued to widen which undermined Euro support...

EUR/USD The Euro hit resistance close to 1.44 against the dollar in European trading on Thursday and then retreated sharply with lows close to 1.4250. There were renewed tensions surrounding Euro-zone peripheral bond markets...

EUR/USD The Euro again hit resistance above 1.45 against the dollar in early Europe on Wednesday and retreated back to below this level as uncertainty over the Euro-zone situation increased again. German Finance Minister...

EUR/USD The dollar remained under pressure during Tuesday as there was no relief from negative sentiment surrounding the US currency. US debt negotiations continued on Tuesday and there was still no breakthrough.  House of...

EUR/USD The Euro found support on dips to the 1.4325 area against the dollar during Monday and edged firmer later in the US session as underlying US confidence remained weak. Talks over the US debt ceiling continued to dominate...

EUR/USD The Euro was unable to push above resistance in the 1.4430-1.4450 zone on Friday and dipped sharply to lows near 1.4325 in New York before rallying again. There was further relief that the Euro-zone had avoided financial...

EUR/USD The flash Euro-zone PMI manufacturing index fell to 50.4 for July from 52.0 previously which was the lowest reading for 23 months while the services-sector index also dipped sharply to 51.4 from 53.7 previously. There...

EUR/USD The Euro found support below 1.41 against the dollar during Tuesday and pushed to highs above 1.42 on two occasions, but was unable to sustain the gains and dipped back to consolidate near 1.4150. There was relief over a...

EUR/USD The Euro remained firmly on the defensive in European trading on Monday as Euro-zone debt fears continued to increase. There was a sharp move higher in peripheral yields during the day with Spanish yields above 6.3%...

EUR/USD Caution prevailed ahead of the stress-test results on Friday.  The US headline consumer inflation report was weaker than expected with a 0.2% monthly decline, but there was a stronger than expected core reading for...