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Author: Darrell Jobman

Currency Analysis – April 10, 2008

by Darrell Jobman, Editor-in-Chief TraderPlanet.comEUR/US$The dollar weakened to fresh all-time lows in Europe on Thursday at 1.5910, but then rallied strongly.As expected, the ECB left interest rates at 4.00% following the...

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Currency Analysis – April 9, 2008

by Darrell Jobman, Editor-in-Chief TraderPlanet.comEUR/US$The dollar was unable to make any headway through 1.5680 against the Euro on Wednesday and weakened sharply to lows beyond 1.5865 before stabilising in US trade.There...

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Currency Analysis – April 8, 2008

by Darrell Jobman, Editor-in-Chief TraderPlanet.comEUR/US$The dollar weakened sharply to lows near 1.58 against the Euro in Asian trading on Tuesday, but strengthened back to around 1.57 at the open of New York markets....

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Currency Analysis – April 7, 2008

by Darrell Jobman, Editor-in-Chief TraderPlanet.comEUR/US$The dollar pushed to highs of 1.5625 against the Euro in early Europe on Monday, but was unable to sustain the gains and weakened back to test support levels around...

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Currency Analysis – April 4, 2008

by Darrell Jobman, Editor-in-Chief TraderPlanet.comEUR/US$The dollar tended to drift lower ahead of the US employment release on Friday with lows around 1.5740 as sentiment was damaged by the failure to hold gains on Thursday.US...

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Currency Analysis – April 3, 2008

by Darrell Jobman, Editor-in-Chief TraderPlanet.comEUR/US$The dollar advanced strongly in European trading on Thursday with a peak close to the 1.55 level against the Euro. The Euro-zone PMI index for the services sector dipped...

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Currency Analysis – April 2, 2008

by Darrell Jobman, Editor-in-Chief TraderPlanet.comEUR/US$The dollar pushed to highs near 1.5530 in Europe on Wednesday, but was unable to sustain the gains and retreated to fluctuate around the 1.5650 region ahead of key US...

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Currency Analysis – April 1, 2008

by Darrell Jobman, Editor-in-Chief TraderPlanet.comEUR/US$The Euro was unable to push back above the 1.58 level against the US dollar on Tuesday and dipped sharply to near 1.56 in early US trading.The US PMI index for the...

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Currency Analysis – March 31, 2008

by Darrell Jobman, Editor-in-Chief TraderPlanet.comEUR/US$The dollar again failed to break resistance levels below 1.5750 against the Euro on Monday. The US currency weakened sharply to near the all-time low of 1.5905 before...

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Currency Analysis – March 28, 2008

by Darrell Jobman, Editor-in-Chief TraderPlanet.comEUR/US$The dollar traded within similar ranges as on Thursday during Friday with support close to the 1.5840 level against the Euro while the US currency was again blocked below...

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