Author: Darrell Jobman

EUR/USD The Euro found support close to the 1.4410 area on Tuesday and pushed to highs near 1.45 as risk appetite improved, but it was unable to break above this resistance zone  as selling increased.  The US economic...

EUR/USD The Euro found support in the 1.4310 region against the dollar during Monday and, despite sharp retreats at times, the currency rallied back to a peak near 1.4440 in Asia on Tuesday. There was some improvement in risk...

EUR/USD The Euro was unable to break back above 1.4550 during European trading on Friday and was subjected to fresh selling pressure during the US session with lows below 1.4350 late in the New York session. Following the ECB...

EUR/USD After trading in a 1.46-1.4650 range ahead of the ECB interest rate decision on Thursday there was little reaction to the expected decision to hold interest rates at 1.25%. The Euro spiked higher at the start of the...

EUR/USD The Euro continued to test resistance levels close to 1.47 in European trading on Wednesday, but was unable to break through with the currency blocked in part by defence of option barriers while there were also reports...

EUR/USD The dollar was subjected to renewed selling pressure during the European session on Tuesday and, although it managed to resist further substantial losses, it remained generally on the defensive. There was a warning from...

EUR/USD The Euro pushed to a high just above 1.4650 against the dollar in European trading on Monday before hitting resistance and it retreated later in the session as the dollar gained some respite. There was negative rhetoric...

EUR/USD The US employment data was substantially weaker than expected even though expectations had been downgraded following poor ADP data with a non-farm payroll increase of 54,000 for May compared with a downwardly-revised...

EUR/USD The Euro found support above 1.40 against the dollar during Wednesday with reports that option positions were being defended and, after a period of range trading, the currency pushed sharply higher late in the US session...

EUR/USD The Euro remained under pressure during the European session on Monday and dipped to test support below the 1.40 level for the first time since the middle of March with a low around 1.3965. The Euro was again undermined...