EUR / USD The Euro tested resistance levels above 1.3950 against the US dollar on Thursday and pushed to a high just above 1.40 for the first time since February as underlying dollar sentiment remained negative. The Euro-zone data was firmer than expected with an increase in German industrial production, although the impact was limited. [...]

USD weakness across as speculation mounts on QE! The Dollar Traded weaker against all pairs on Friday hitting yearly lows against the CHF and against the gold at 0.9780 and $1300.00 respectively.  Stock markets extended their gains as the USD continued to fall further with both EURUSD and USDJPY breaking significant psychological barriers. The dollar [...]

EUR/USD The Euro drifted weaker in early Europe on Friday with a decline towards the 1.2860 area against the dollar. The Euro-zone data was again stronger than expected with the German IFO index securing the largest monthly increase for 4 years to 106.2 from 101.8 the previous month. Following the firmer than expected PMI data [...]

EUR/USD The Euro was unable to make any headway in early Europe on Wednesday and drifted weaker in cautious trading. There was no economic data to guide markets during the day Within the Euro-zone, there was further uncertainty over the bank stress tests due on Friday and there were increased doubts whether the tests would [...]

EUR/USD The Euro spiked higher in European trading on Tuesday and pushed to fresh 10-week highs above 1.3020, helped in part by higher than expected German producer prices. The move above 1.30 was short-lived, however, and there was an initial retreat back to the 1.2930 area. There was a weak Hungarian debt auction which tended [...]