Author: Darrell Jobman

EUR/USD The Euro hit resistance above the 1.3720 area against the dollar during Wednesday and generally consolidated within narrow ranges. There were reports of option barriers above 1.3725 which made it difficult for the Euro...

EUR/USD The Euro found support on retreats to the 1.3580 area against the dollar in European trading on Tuesday and again rallied firmly during the US session. The US consumer confidence data was stronger than expected with a...

EUR/USD The Euro retreated to lows just below 1.3550 against the dollar during European trading on Monday, but there was again strong buying support on dips and it advanced to a fresh two-month high around 1.3685 during the US...

EUR/USD The Euro found solid support on retreats during Friday and advanced to fresh 8-week highs later in the US session with a move above 1.36 against the dollar. The German economic data remained favourable with a further...

EUR/USD The Euro again hit resistance above 1.3520 against the dollar on Thursday and retreated sharply in New York trading with a brief test of support close to 1.34. The US economic data was stronger than expected and provided...

EUR/USD The Euro maintained a firm tone during the European session on Wednesday and advanced to a fresh 8-week peak above 1.3520 against the dollar. There were persistent suggestions of Euro buying by Far East central banks...

EUR/USD The Euro hit resistance close to 1.3450 against the dollar on Tuesday and retreated to the 1.3360 area, but there was solid buying support on dips and it strengthened to a fresh 5-week high above 1.3480 in Asia on...

EUR/USD The Euro found support close to 1.3250 against the dollar during Monday and rebounded to near 1.3350, but it was unable to make a decisive move and settled just above 1.33 after surviving another test of support late in...

EUR/USD The Euro pushed to a high of 1.3460 against the dollar on Friday, but was unable to sustain the gains and weakened back to the 1.3350 area ahead of the US open. The US economic data maintained the slightly disappointing...

EUR/USD The Euro maintained a firm tone ahead of key events on Thursday and gains accelerated sharply during the US session as the currency strengthened to near a 2011 high with a peak just below 1.34 against the dollar. The...