EUR/USD The Euro maintained a firm tone in European trading on Friday as markets continued to challenge resistance levels in an attempt to trigger fresh stop-loss Euro buying and a closing of dollar positions. A wider than expected Euro-zone trade deficit did not have a significant market impact. The headline US consumer inflation data was [...]

EUR/USD The Euro found support close to 1.27 in Asian trading on Thursday as underlying technical support for the currency remained firm. There was further relief surrounding the European bond auctions with a successful Spanish sales reinforcing the mood of greater optimism towards the Euro-zone and the Euro. Better than expected results from JP Morgan [...]

EUR/USD The Euro found support below 1.27 against the dollar in European trade on Wednesday and ranges were generally narrow with a consolidation of gains seen over the previous 24 hours. The Euro was able to resist selling pressure as underlying sentiment towards the currency remained slightly stronger while there has been some tentative evidence [...]

EUR/USD The Euro edged weaker in early Europe on Monday on some media reports that Germany was preparing a strategy for allowing orderly Euro-zone member defaults. Technical considerations were also still important with the Euro vulnerable to selling pressure after the failure to break above longer-term resistance levels late last week. Euro-zone structural doubts remained [...]

EUR/USD Narrow ranges dominated in early Asia on Friday as the Euro resisted selling pressure, but also found it difficult to gain any further momentum. Technical considerations remained an important influence during the day as the Euro approached longer-term downtrend resistance levels. ECB officials were still generally cautious over economic prospects in comments on Friday [...]