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Author: Darrell Jobman

Modest Rise in US Treasury Yields

EUR/USD The Euro pushed to a high just above 1.4280 against the dollar in early Europe on Wednesday before drifting weaker into the US open as technical resistance levels remained tough to break down. There was further unease...

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Greek Situation Will Be Monitored Closely

EUR/USD The Euro found support below 1.41 against the dollar during Monday and advanced during the US session with a peak close to 1.4250. There was technical support for the currency given that it was over-sold following sharp...

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Euro Remained Under Pressure

EUR/USD The Euro remained under pressure in European trading on Thursday and retreated to a five-week low close to 1.4125 ahead of the New York open. Risk appetite remained fragile and a further decline in commodity prices...

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Renewed Selling Pressure on Commodities

EUR/USD The Euro stalled close to 1.44 against the dollar in European trading on Wednesday and was subjected to renewed selling pressure during the US session. The currency weakened to three-week lows  below 1.42 with the...

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Greek Situation Remained an Important Focus

EUR/USD The Euro found support below 1.43 against the dollar during Monday and had a slightly firmer tone in choppy trading conditions as there was a peak in the 1.4425 area. Risk conditions remained slightly firmer following...

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