Author: Darrell Jobman

EUR/USD The Euro initially held a firm tone in Europe on Tuesday, but there was a sharp reversal in trends during the US session. There was optimism that President Obama’s proposals to broker a deal over an extension of...

EUR/USD The Euro remained under pressure in European trading test support close to 1.3250 before finding support. There were further very important concerns surrounding the Euro-zone which undermined the currency as internal...

EUR/USD The Euro consolidated comfortably above 1.3220 against the dollar ahead of the US payroll data on Friday. The US data was substantially weaker than expected with the increase in non-farm employment held to 39,000 for...

EUR/USD The Euro maintained a generally firm tone ahead of the ECB meeting on Thursday and consolidated above 1.3150 against the dollar with risk conditions generally more stable. As expected, the ECB left interest rates on hold...

EUR/USD The Euro initially consolidated above 1.30 against the dollar on Wednesday and then pushed higher during the European session. The ECB was an important focus of attention and Thursday’s meeting will also be...

EUR/USD The Euro remained firmly on the defensive during Tuesday and tested support levels below 1.30 for the first time since mid September before stabilising just above this level. As has been the case over the past few days,...

EUR/USD The Euro remained under pressure during Monday with negative developments surrounding technical and fundamental factors and the currency retreated to 10-week lows below 1.31 against the dollar. There was a persistent...

EUR/USD The Euro was unable to secure any further buying support on Friday and retreated to fresh two-month lows close to 1.32 against the dollar as underlying sentiment remained weak. The contagion threat remained the key...

EUR/USD The Euro found support on dips to near 1.33 against the dollar on Thursday and recovered to near 1.3380, but rallies quickly attracted selling pressure as underlying confidence remained weak. There were further Euro-zone...

EUR/USD The Euro was unable to move above the 1.3610 region against the dollar on Tuesday and was then subjected to renewed selling pressure which culminated in a 2-month low around 1.3360 before a corrective rally from...