Author: Darrell Jobman

EUR/USD A sharp decline in Asian stock markets pushed the Euro to lows below the 1.23 level against the dollar as fears over the European debt situation continued. Selling pressure intensified in European trading with the Euro...

EUR/USD Underlying confidence surrounding the Euro was still very fragile and news that the Bank of Spain had intervened to support a regional bank pushed the Euro back to just below the 1.25 area in Asian trading on Monday with...

EUR/USD The Euro was unable to hold above 1.24 in Asia on Thursday as underlying confidence towards the currency remained very fragile. There was a decline in Euro-zone consumer confidence for May which may cause some unease...

EUR/USD The Euro re-tested support close to 1.2150 in Asia on Wednesday as confidence remained weak. There were further rumours surrounding the Euro-zone outlook and fears that European governments will not be able to...

EUR/USD After faltering again in Asian trading on Tuesday, the Euro was able to make some headway in early Europe with a tentative probe of resistance levels above the 1.24 area. The German ZEW index fell to 45.8 for May from...

EUR/USD The Euro was unable to gain any relief in Asian trading on Monday with stop-loss selling following a break of 1.2330 support pushing the currency to four-year lows near 1.2230. There were persistent fears surrounding the...

EUR/USD Support levels held in Asian trading on Friday with the Euro attempting a limited recovery, but it soon ran into fresh selling pressure as underlying confidence remained extremely weak. There were a fresh round of...

EUR/USD The Euro was unable to regain the 1.27 level against the US dollar on Thursday and drifted weaker as underlying sentiment remained weak. There was an announcement of budget cuts by the Portuguese government following the...

EUR/USD The Euro remained under pressure in early Europe on Wednesday and tested support levels close to 1.26 against the dollar. German GDP rose 0.2% in the first quarter which was slightly stronger than expected while the GDP...