Author: Darrell Jobman

EUR/USD The Euro retreated to lows near 1.3850 against the dollar in European trade on Friday and then consolidated around 1.3880 ahead of the key US data. The headline US employment data was weaker than expected with a...

EUR / USD The Euro tested resistance levels above 1.3950 against the US dollar on Thursday and pushed to a high just above 1.40 for the first time since February as underlying dollar sentiment remained negative. The Euro-zone...

EUR/USD The Euro maintained a firm tone in early Europe on Wednesday, but failed to make a decisive break above 1.3850 and then dipped weaker. The Euro was unsettled by renewed fears over the Euro-zone economy as ratings agency...

EUR/USD The Euro again found support above 1.3650 against the dollar during Tuesday. The Euro-zone data did not have a major impact with a stronger than expected PMI services report for the services sector offset by a weaker...

EUR/USD The Euro was vulnerable to profit taking on Monday in a technical correction following recent rapid gains. The latest IMM positioning data also recorded the longest short dollar position for over 2 years which increased...

EUR/USD The Euro held steady in early Europe on Friday and maintained a robust tone during the day as demand for the dollar remained weak. The Euro-zone economic data was slightly weaker than expected with unemployment at 10.1%...

EUR/USD The Euro found support below 1.36 against the dollar in early Europe on Thursday and tested resistance near 1.3650 during the day, but did find it harder to secure further gains following the recent strong advance. The...

EUR/USD Market conditions were slightly calmer on Wednesday, but there was still an underlying lack of confidence in the US dollar and it remained under pressure during the day. There were no fresh US economic data releases with...

EUR/USD There was little change in Asian trading on Tuesday. There were media reports that the Fed would adopt a more limited form of quantitative easing which stemmed dollar selling, but there was no strong support for the US...

EUR/USD The Euro drifted slightly weaker in Asian trading on Monday, although ranges were narrow and the currency remained broadly resilient during the day. The European financial sector remained an important influence during...