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Author: Darrell Jobman

Euro Secures Robust Recovery

EUR/USD After a sharp decline early in the Asian session on Thursday, the Euro secured a robust recovery and tested resistance levels above 1.40 in European trading. The Euro-zone economic data did not have a major impact with a...

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Euro Sentiment Could Deteriorate Rapidly

EUR/USD The US currency maintained a weaker tone in Asia on Wednesday with markets again looking to target Euro technical resistance in the 1.40 zone. Monetary policy within the Euro-zone area and US will remain a very important...

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Reservations Over Aggressive Dollar Selling

EUR/USD The dollar nudged lower in Asia on Monday after there were no major international comments in support of the currency at weekend IMF meetings in Washington. The lack of cohesive rhetoric also maintained expectations of...

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