Author: Darrell Jobman

EUR/USD The Euro dipped to lows below 1.33 against the dollar in early Europe on Thursday before finding some support and edging firmer. Developments within the Euro-zone remained a key market focus during the day as political...

EUR/USD The Euro was subjected to fresh selling pressure in Asia on Wednesday as a persistent lack of confidence surrounding the Greek situation triggered further selling from regional funds. The Euro weakened to fresh 10-month...

EUR/USD Market ranges were subdued in early Europe on Tuesday with the Euro holding above the 1.35 level against the dollar, but it retreated quickly from levels around 1.3560 as underlying sentiment was still weak and...

EUR/USD Over the weekend, German Chancellor Merkel stated that markets should not expect a EU deal on Greek support which reinforced a lack of confidence in the Euro as fiscal speculation surrounding the region continued...

EUR/USD Although the Euro gained some support from a covering of short positions on Friday, it was trapped near the 1.36 level in early Europe as sentiment remained generally weak. There were further market concerns over the...

EUR/USD There were renewed fears over the Greek government debt situation on Thursday with reports that the government would look for IMF support while there was further evidence of German opposition to financial support. The...

EUR/USD The dollar was generally weaker during Wednesday and dipped to a six-week low on a trade-weighed basis. The Euro also pushed to a high above 1.38 against the dollar in early Europe, but was unable to sustain the gains...

EUR/USD The Euro held a steady tone in early Europe on Tuesday. The German ZEW index was firmer than expected at 44.5 for March which had some positive impact on Euro sentiment even though this was slightly lower than 45.1 for...

EUR/USD The Euro edged slightly lower in early Europe on Monday as risk appetite was generally weaker. During the day, the Euro also registered sharp losses on the crosses which was an important factor in pulling it weaker...

EUR/USD The Euro maintained a firmer tone in early Europe on Friday and challenged resistance levels above 1.37 against the US currency. Risk appetite was generally firmer during the day which provided some support to the Euro....