Author: Darrell Jobman

EUR/USD The Euro hit resistance above 1.4250 against the dollar during Thursday and had a generally weaker tone, due in part to a correction from the sharp gains seen over the previous 24 hours. As far as the Euro-zone is...

EUR/USD The Euro found support on dips towards 1.40 against the dollar during Wednesday and initially hit resistance close to 1.41 before drifting weaker. The US currency came under further pressure during the New York session...

EUR/USD The Euro came under further heavy selling pressure on Tuesday, retreating to the weakest level since early March below 1.3850 as the Euro-zone debt crisis intensified. There was a fresh surge in peripheral bond yields as...

EUR/USD The Euro was capped close to 1.42 early in the European session on Monday and was then subjected to heavy selling pressure. There was an initial slump to lows just below 1.4050 and after only a limited recovery, the...

EUR/USD The Euro was unable to make any impression on resistance levels above 1.4350 against the dollar ahead of the US payroll data on Friday and weakened to lows below 1.4250 as underlying Euro confidence came under fresh...

EUR/USD The Euro came under further selling pressure during Wednesday as Euro-zone sovereign-debt fears increased again following Portugal’s rating downgrade by Moody’s. There was a further widening of yield spreads...

EUR/USD The Euro was unable to push back above 1.45 against the dollar in European trading on Tuesday and tended to drift weaker in relatively narrow ranges. The economic data did not provide any support with a downward revision...

EUR/USD The Euro found support on dips to the 1.45 area in European trading on Monday and rallied to the 1.4550 area as narrow ranges prevailed. Trading was inevitably subdued with US markets closed for the Independence day...

EUR/USD The Euro pushed above 1.45 against the dollar ahead of the second Greek austerity vote on Thursday and it retained a firm tone throughout the day even with tough resistance seen above the 1.4520 area. As expected, the...

EUR/USD The Euro moved higher during the European session on Wednesday with markets increasingly confident that the Greek parliament would back the EUR78bn austerity package.  From lows in the 1.4350 area, the Euro pushed...