Author: Darrell Jobman

EUR/USD The Euro was unable to push back above 1.23 against the dollar in early Europe on Wednesday and was then subjected to renewed selling pressure during the day. The Euro-zone capital markets and banking sector remained an...

EUR/USD The Euro held a firm tone in Asia on Monday, with relatively narrow ranges as there were no major fresh developments with the G7 meetings not having a major impact. The Euro was unable to secure any further advance...

EUR/USD Banking-sector fears remained an important focus during Friday with fears that there would be a further deterioration in funding conditions which would tend to trigger further selling pressure on the Euro. There was a...

EUR/USD The dollar lost some further ground against the Euro in Asia on Thursday, but with the Euro still finding it difficult to break above 1.2350 as resistance levels remained intact. There was a renewed widening in Greek...

EUR/USD The Euro was unable to gain any fresh momentum in European trading on Wednesday as the currency remained dogged by structural vulnerabilities. There were rumours that ratings agency Fitch was going to put the French...

EUR/USD The Euro was unable to strengthen above 1.2350 against the dollar on Tuesday and had a generally weaker tone even though ranges were slightly narrower in cautious trading. The German IFO index rose slightly to 101.8 for...

EUR/USD The Euro probed resistance levels above the 1.2450 level against the US dollar in early European trading on Monday, but was unable to sustain the advance and drifted back to just below the 1.24 level. Initial gains...

EUR/USD The Euro sustained a generally firm tone on Friday, maintaining the tone seen during the week as a whole. There was some easing of European debt concerns following a successful Spanish bond auction while there was some...

EUR/USD The Euro again found support above 1.1950 against the dollar during Thursday and maintained a generally firmer tone as it probed resistance levels last seen following the June US payroll data. As expected, the ECB left...