EUR/USD The Euro initially maintained a firm tone on Monday and peaked at 1.3785 against the dollar, but was then subjected to renewed and persistent selling pressure during the Europeans session. Relief following...
Read MoreEUR/USD The Euro found support below 1.3650 against the dollar in Europe on Friday and extended the recovery to test resistance above 1.37 ahead of the US open. Euro-zone developments remained extremely important and there were...
Read MoreEUR/USD The Euro moved higher in European trading on Thursday with further speculation that Ireland was poised to reach an agreement with the IMF and EU over a support package for the banking sector and wider economy. There were...
Read MoreEUR/USD The Euro avoided a test of fresh November lows on Wednesday and staged a corrective recovery later in the US session. There were no major developments following the European ECOFIN meeting with markets still anxious for...
Read MoreEUR/USD Confidence in the Euro-zone remains weaker with further severe stresses surrounding the Irish bond market while there were increased fears surrounding Portugal. There were comments from the Portuguese government that it...
Read MoreEUR/USD The Euro initially found support close to 1.36 against the dollar on Monday and attempted to rally early in the US session, but gains quickly attracted selling pressure and there was a retreat to six-week lows below...
Read MoreEUR/USD The Euro was again unable to sustain rallies during Thursday and retreated to six-week lows near 1.36 against the dollar. Trading conditions were inevitably subdued during the North American session with a US market...
Read MoreEUR/USD The Euro again failed to sustain a rebound on Wednesday and from highs above 1.3820, retreated to lows below 1.37 against the dollar, the lowest level since mid October. There were persistent concerns over the Euro-zone...
Read MoreEUR/USD From lows below 1.3850, the Euro rallied firmly with gains to a peak around 1.3975 during the European session on Tuesday. The Euro was unable to sustain the gains and was subjected to heavy selling pressure later in New...
Read MoreEUR/USD The Euro has remained under pressure during the past 24 hours with further losses against the US dollar. There was a dip below 1.39 during the Europeans session on Monday and, despite a brief recovery, there were fresh...
Read More
