Author: Darrell Jobman

EUR/USD The Euro was again subjected to choppy trading during Tuesday and after finding support just below the 1.4250 level, it rallied strongly to a high near 1.44. EU officials continued to insist that there was no Plan B for...

EUR/USD The Euro found support on dips to the 1.4110 area in European trading on Monday and rallied quickly back to 1.42 as the holding of technical support triggered a covering of short positions.  There was also evidence...

EUR/USD The Euro initially rallied strongly during the European session on Friday following a better than expected German IFO reading. The business confidence index edged higher to 114.5 for June from 114.2 previously, in...

EUR/USD The Euro was subjected to further selling in Europe on Thursday and pressure accelerated into the New York open with the currency falling sharply to lows below 1.4150. There was an increase in fear surrounding the...

EUR/USD The Euro found support close to 1.4350 against the dollar during Wednesday and again tested resistance above 1.44 ahead of the Federal Reserve policy meeting. There were no surprises from the FOMC meeting with interest...

EUR/USD The Euro tested support below 1.42 against the dollar during Monday with further unease over the Greek situation following the decision to delay ratifying the next Greek loan tranche. There was some improvement in...

EUR/USD The Euro found support on dips to the 1.4130 area against the dollar during Friday and then advanced strongly during the European session as Greece continued to dominate the headlines. In a joint press conference, German...

EUR/USD The Euro was unable to regain the 1.44 level in Europe on Wednesday and was subjected to heavy selling pressure during the day as the fundamental outlook continued to deteriorate and risk appetite weakened sharply. There...