Author: Darrell Jobman

EUR/USD The Euro initially hit resistance in the 1.24 area against the dollar on Monday and dipped lower to test support below the 1.2350 area. There was evidence if firm buying support below this level which helped curb further...

EUR/USD The Euro found support below 1.22 in European trading on Friday and pushed towards the 1.23 level ahead of the US payroll data. There was initial support from a lack of follow-through selling following the ECB meeting...

EUR/USD The Euro tended to consolidate around the 1.23 area in European trading on Wednesday, although there was a high degree of volatility as official rhetoric continued to have a significant impact. There was further...

EUR/USD The Euro found support on dips to below 1.2250 against the dollar on Tuesday and had a slightly firmer tone during the US session in choppy trading conditions. There was evidence of position adjustment during the day...

EUR/USD The Euro was unable to make a fresh challenge on resistance above the 1.23 level in European trading on Monday and drifted slightly weaker, although ranges were generally narrow as caution prevailed ahead of key events...

EUR/USD The Euro was initially blocked in the 1.23 area against the dollar on Friday as trading volatility increased. The Bundesbank stated that it remained opposed to bond purchases which dampened enthusiasm following...

EUR/USD The Euro found support on dips to the 1.2110 area against the dollar on Thursday and spiked sharply higher ahead of the US open. The trigger for the Euro’s advance were comments from ECB Chairman Draghi in a...

EUR/USD The Euro pushed higher during the European morning on Wednesday as it corrected stronger after finding support just above the previous day’s lows below 1.2050. Spanish officials initially denied that the country...

EUR/USD The Euro was unable to make significant headway during Tuesday and retreated to test fresh two-year lows around 1.2050 where there was rumoured to be strong interest in defending option positions. The latest Euro-zone...

EUR/USD The Euro remained under intense pressure during the Europeans session on Monday and dipped to fresh two-year lows below 1.2075 against the dollar. Spain remained an extremely important market focus during the day with...