Author: Darrell Jobman

EUR/USD The Euro made a brief push towards 1.49 against the dollar ahead of the ECB interest rate decision on Thursday before drifting back to the 1.4825 area. There was no surprises with the ECB decision with interest rates on...

EUR/USD The Euro found support below 1.48 against the dollar during Wednesday and gains accelerated during the US session with a fresh 17-month peak above 1.49 after the latest US data. The headline US ADP employment report was...

EUR/USD The Euro again found support above the 1.4760 area against the dollar on Tuesday and rallied strongly during the US session with a peak around 1.4880. The Euro was unable to sustain the advance and retreated to lows...

EUR/USD The Euro found support below 1.48 against the dollar during Monday and rallied firmly during the European session with a peak at the 1.49 level as the US currency also tested 3-year lows on a trade-weighted index. The...

EUR/USD The Euro pushed higher again in European trading on Friday, but it was unable to break above the 1.4880 level and was generally weaker in US trading, although choppy trading conditions prevailed. The US economic data did...

EUR/USD After surging higher following the Federal Reserve FOMC meeting amid a wave of dollar selling, there was a general tone of consolidation during European trading on Thursday and the Euro retreated initially back to the...

EUR/USD The dollar secured some respite in European trading on Wednesday as it found support in the 1.47 area, but it was unable to make much headway as underlying sentiment remained extremely weak. With attention focussed...

EUR/USD The Euro found solid support close to 1.45 against the dollar on Tuesday and pushed strongly higher to test resistance near 1.4650. After a partial correction the Euro strengthened to a fresh 16-month high above 1.47...

EUR/USD After very narrow ranges on Friday, the Euro initially moved higher on Monday with a test of resistance close to 1.4625, but it then retreated quickly back to the 1.4550 area as moves remained subdued.  A stronger...

EUR/USD The Euro continued to push stronger during the European session on Wednesday and made a further attempt on resistance levels. The currency was repelled close to the 1.4550 level and retreated to just below 1.45, but...