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Author: Darrell Jobman

Euro pushed higher

EUR/USD The Euro pushed higher as European markets opened on Tuesday and reached a high near 1.37 ahead of the German IFO release. The index of business confidence was weaker than expected with a decline to 95.2 for February...

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Euro remained prone to volatile trading

EUR/USD The Euro remained prone to volatile trading on Wednesday as market sentiment fluctuated sharply. There was selling pressure above the 1.38 level in European trading and the currency then dipped sharply to lows below 1.37...

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Euro was confined to narrower ranges

EUR/USD The Euro was confined to narrower ranges during Monday as support levels near the 1.36 region against the dollar held while there was resistance above the 1.37 level. Underlying sentiment towards the Euro-zone economy...

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Euro remained generally fragile

EUR/USD The Euro remained generally fragile ahead of the US employment data on Friday, but did find some support below the 1.3650 level against the dollar as there was caution over further aggressive selling. The headline US...

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US Jobless Claims Data Higher Than Expected

EUR/USD The Euro drifted weaker ahead of the ECB council meeting on Thursday, dipping below the 1.3850 level against the dollar. The ECB interest rate decision was in line with expectations as rates were left at 1.0%. The...

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