Author: Darrell Jobman

EUR/USD The Euro generally remained under pressure during Thursday and dipped to test support below 1.38 against the dollar for the first time since early March. Risk appetite had a mixed market impact with the US currency...

EUR/USD The Euro found support close to 1.3860 against the dollar in European trading on Wednesday and rallied to the 1.3930 area, but it was unable to gain any significant traction and weakened back towards support levels later...

EUR/USD The Euro was unable to regain the 1.40 level against the dollar in European trading on Tuesday and weakened steadily during the session with a low near 1.3860 before stabilising. The currency remained vulnerable to a...

EUR/USD The Euro maintained a strong tone in European trade on Monday and a fresh move above 1.40 triggered stop-loss buying which pushed the currency to fresh four-month highs near 1.4040 against the dollar. The Euro-zone...

EUR/USD The Euro traded in narrow ranges around 1.3950 against the dollar ahead of the US payroll data on Friday, but maintained a generally firm tone as yield support remained intact. The US data was broadly in line with...

EUR/USD There were no surprises from the ECB interest rate decision on Thursday with the main lending rate held at 1.0%. President Trichet’s press conference, however, was significantly more hawkish than expected as...

EUR/USD The Euro found solid support in the 1.3750 area against the dollar during Wednesday and again pushed higher during the New York session with a challenge on resistance in the 1.3860 area. A break above this level...

EUR/USD The Euro quickly recovered from lows near 1.3720 against the dollar during Monday and rallied to re-challenge resistance levels at 2011 highs above 1.3840 during the US session with the dollar again generally vulnerable....

EUR/USD The Euro hit resistance just above1.3820 during Friday and drifted weaker during the New York session with lows near 1.3720. There was a slight moderation in oil prices which curbed US selling pressure and the Euro was...

EUR/USD The Euro dipped to lows just above 1.37 against the dollar in Europe on Thursday, but it rallied strongly back to the 1.38 area with a peak close to 1.3840 during Asian trading on Friday. Risk appetite remained very...