Author: Darrell Jobman

EUR/USD The Euro found support close to 1.30 in early Europe on Thursday and challenged resistance levels during the day as funds attempted to extend the recent rally. The Euro-zone data was again stronger than expected with...

EUR/USD There was still underlying support for the Euro on Wednesday and it nudged above the 1.30 level in Asia as dollar demand was still subdued. There were no significant Euro-zone economic developments during the day. The...

EUR/USD The Euro maintained a robust tone in early Europe on Tuesday and pushed to challenge resistance levels above 1.30 against the dollar. The European economic data again provided support with German consumer confidence...

EUR/USD The Euro held firm in Asian trading on Monday, consolidating around the 1.29 area against the dollar. The currency was still gaining some traction from relief that the bank stress tests had been completed without major...

EUR/USD The Euro drifted weaker in early Europe on Friday with a decline towards the 1.2860 area against the dollar. The Euro-zone data was again stronger than expected with the German IFO index securing the largest monthly...

EUR/USD The Euro found support below 1.2750 in early Europe on Thursday and gradually strengthened during the day on domestic and international factors. The Euro-zone data was stronger than expected which provided some degree of...

EUR/USD The Euro was unable to make any headway in early Europe on Wednesday and drifted weaker in cautious trading. There was no economic data to guide markets during the day Within the Euro-zone, there was further uncertainty...

EUR/USD The Euro spiked higher in European trading on Tuesday and pushed to fresh 10-week highs above 1.3020, helped in part by higher than expected German producer prices. The move above 1.30 was short-lived, however, and there...

EUR/USD The Euro had a soft tone in Asian trading on Monday and consolidated near 1.29. The Irish credit rating was downgraded to Aa2 from Aa1 by Moody’s, on persistent fiscal weakness, but the outlook was described as...

EUR/USD The Euro maintained a firm tone in European trading on Friday as markets continued to challenge resistance levels in an attempt to trigger fresh stop-loss Euro buying and a closing of dollar positions. A wider than...