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Currency Analysis – May 16, 2008

by Darrell Jobman, Editor-in-Chief TraderPlanet.comEUR/US$The dollar was unable to make a fresh challenge on Euro support levels below 1.54 on Friday and, after a period of technically-dominated trading, the US currency weakened...

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Currency Analysis – May 15, 2008

by Darrell Jobman, Editor-in-Chief TraderPlanet.comEUR/US$The dollar weakened in early Europe on Thursday following the firmer than expected Euro-zone growth data. The US currency was also unsettled by a renewed increase in oil...

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Currency Analysis – May 13, 2008

by Darrell Jobman, Editor-in-Chief TraderPlanet.comEUR/US$The dollar found some support close to 1.5570 against the Euro on Tuesday and edged stronger in European trading.Headline US retail sales fell 0.2% in April, in line with...

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Currency Analysis – April 30, 2008

by Darrell Jobman, Editor-in-Chief TraderPlanet.comEUR/US$The dollar pushed to highs around 1.5520 against the Euro after the slightly firmer than expected US data before drifting back to 1.5570 ahead of the FOMC decision.The...

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Currency Analysis – April 23, 2008

by Darrell Jobman, Editor-in-Chief TraderPlanet.comEUR/US$The Euro again tested 1.60 in early Europe on Wednesday, but was unable to make a fresh challenge on resistance above this level.The Euro-zone data was mixed with a drop...

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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 – March 20, 2008

by Darrell Jobman, Editor-in-Chief TraderPlanet.comEUR/US$The US currency gained further support from a liquidation of commodity price trends on Thursday. The dollar pushed to highs just beyond the 1.54 level before correcting...

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Currency Analysis – February 29, 2008

by Darrell Jobman, Editor-in-Chief TraderPlanet.comEUR/US$The dollar found some support weaker than the 1.52 level against the Euro on Friday, but was unable to make strong headway as consolidation dominated following the sharp...

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Currency Analysis – January 28, 2008

by Darrell Jobman, Editor-in-Chief TraderPlanet.comEUR/US$The dollar was unable to break resistance levels close to 1.4660 against the Euro on Monday and weakened back to lows around 1.4790 in early US trade. The US currency...

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Currency Analysis – January 25, 2008

by Darrell Jobman, Editor-in-Chief TraderPlanet.comEUR/US$The dollar found support close to 1.4775 against the Euro in Asian trading on Friday and strengthened to around 1.47 ahead of the US open. There were no data releases...

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