EUR/USD The Euro found support close to 1.27 in Asian trading on Thursday as underlying technical support for the currency remained firm. There was further relief surrounding the European bond auctions with a successful Spanish...
Read MoreEUR/USD The Euro found support below 1.27 against the dollar in European trade on Wednesday and ranges were generally narrow with a consolidation of gains seen over the previous 24 hours. The Euro was able to resist selling...
Read MoreEUR/USD The Euro remained generally fragile in early Europe on Tuesday and weakened to test support below 1.2550 against the dollar. The currency was undermined on structural grounds as ratings agency Moody’s cut...
Read MoreEUR/USD The Euro edged weaker in early Europe on Monday on some media reports that Germany was preparing a strategy for allowing orderly Euro-zone member defaults. Technical considerations were also still important with the Euro...
Read MoreEUR/USD Narrow ranges dominated in early Asia on Friday as the Euro resisted selling pressure, but also found it difficult to gain any further momentum. Technical considerations remained an important influence during the day as...
Read MoreEUR/USD The Euro held firm in early Europe on Thursday with firm stock market trends again curbing any defensive demand for the US dollar. There was a mixed report from the IMF as it was more optimistic over the global outlook,...
Read MoreEUR/USD The Euro drifted slightly weaker in early Europe on Wednesday with lower equity prices curbing buying support. The European banking-sector stress tests were also an important consideration with some unease over the...
Read MoreEUR/USD The Euro found support below 1.25 against the dollar in early Europe on Tuesday and then strengthened steadily during the day. Equity markets looked to rally after recent losses and this helped improve risk appetite...
Read MoreEUR/USD The Euro edged marginally weaker in European trading on Monday in quiet conditions and narrow ranges ahead of the US Independence Day market holiday. Market positioning will be important and a sustained reduction in...
Read MoreEUR/USD The Euro found support close to 1.22 against the dollar on Thursday and then strengthened gradually during the European session. There was further relief surrounding the European tender results which eased fears...
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