Author: Darrell Jobman

EUR/USD The Euro found support on dips towards 1.4220 against the dollar on Tuesday and rallied steadily during the day with a peak just above the 1.44 level in Asian trading on Wednesday. Risk conditions recovered from the...

EUR/USD The Euro remained under pressure during the European session on Monday as volatility also spiked higher. After initially being unsettled by the Finnish election result which increased the risk that a bailout for Portugal...

EUR/USD The Euro was again unable to break resistance in the 1.45 area during Friday and retreated to test support close to 1.44 with some reduction in long Euro positions ahead of the weekend.  In the Finnish general election,...

EUR/USD The Euro hit tough resistance close to 1.45 against the dollar in European trading on Thursday and dipped sharply ahead of the US open as it tested support below 1.4380. There was a renewed increase in fear surrounding...

EUR/USD The Euro retreated to lows below 1.4380 against the dollar in European trade on Tuesday as the currency was unsettled by a deterioration in risk appetite and an unwinding of carry trades. The dollar was unable to sustain...

EUR/USD The Euro was capped just below the 1.4480 level against the dollar during Monday and drifted weaker to test support close to the 1.4420 level in subdued trading conditions. There were no major economic data releases...

EUR/USD The Euro found firm support close to 1.44 against the dollar during Friday and retained a strong tone as the US currency was unable to gain any traction. The US currency was again unsettled by reports of Asian central...

EUR/USD With the US currency unable to make much headway, the Euro drifted only slightly weaker ahead of the ECB interest rate decision on Thursday. As expected, the central bank increased interest rates by 0.25% to 1.25%...

EUR/USD The Euro was subjected to some selling pressure during the European session on Tuesday and retreated to test support near 1.4150, but the dollar was unable to gain significant traction and the Euro advanced again during...

EUR/USD The Euro hit resistance close to 1.4250 against the dollar during Monday and edged weaker during the session, but trading ranges were narrow as markets took stock following recent events and continued to focus on...