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Author: Darrell Jobman

Potential for Erratic Trading

EUR/USD The Euro initially maintained a firm tone in Europe on Tuesday, but was unable to break above resistance in the 1.32 area against the dollar which encouraged some fresh selling pressure on the currency. The pressure...

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US Bond Yields Edged Slightly Lower

EUR/USD The Euro remained trapped below 1.3250 against the dollar for much of the European session on Thursday and tested support below 1.32 during the New York session. The US economic data was mixed, but had a firm bias which...

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Some Evidence of Looser Credit Conditions

EUR/USD The Euro sustained a strong tone in Europe on Tuesday and pushed to challenge resistance levels near 1.3480 against the US currency. The German economic data maintained a firm tone with a ZEW business confidence index...

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Potential Dollar Damage May Be Limited

EUR/USD The Euro found support below 1.32 against the dollar on Monday and then rallied strongly during the New York session as the US currency came under significant selling pressure on fundamental and technical grounds. There...

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