Author: Darrell Jobman

EUR/USD The Euro was initially blocked close to 1.3660 on Wednesday and weakened to lows below 1.3620 before finding fresh buying momentum in US trading with a peak above 1.3720. During the European session, there were reports...

EUR/USD The Euro found support on dips to below 1.36 against the dollar on Tuesday and had a generally firmer tone, although there was a lack of market leadership amid subdued conditions. There was a slight fall in the latest US...

EUR/USD The Euro was blocked in the 1.3620 area against the dollar during Monday and weakened steadily during the European session. There was a weaker than expected figure for German industrial orders which had some negative...

EUR/USD The Euro held steady close to the 1.3620 area ahead of the US employment data on Friday with narrow ranges an inevitable feature. The headline non-farm payroll increase was weaker than expected with a gain of ...

EUR/USD The Euro was blocked just above 1.38 against the dollar on Thursday and drifted weaker ahead of key economic events. As expected, the ECB left interest rates on hold at 1.00% ensuring that the press conference was the...

EUR/USD The Euro hit resistance just above 1.3850 against the dollar on Wednesday and drifted weaker, although ranges were relatively narrow with the US currency unable to make much impression. There was a slightly more cautious...

EUR/USD The Euro continued to find strong buying support on dips during Tuesday and there were renewed gains in New York as the US dollar remained under pressure. The US PMI manufacturing index rose to 60.8 for January from 58.5...

EUR/USD The dollar was unable to make renewed gains against the Euro during Monday and gradually weakened to test important support levels close to 1.3750.  Although tensions surrounding the Egyptian protests continued,...

EUR/USD The Euro consolidated just above the 1.37 level against the dollar ahead of the key data on Friday after failing to break above the 1.3750 level. The headline US GDP growth was slightly weaker than  expected with an...

EUR/USD The Euro continued to find solid buying support on retreats to below 1.3650 against the dollar on Thursday and rallied once again to test resistance levels above 1.3720. Although it pushed to a peak around 1.3750, there...