By FXEmpire.com Asian equities have also opened positive after the European leaders agreed to ease payment rules for emergency rules to Spanish banks and relax conditions of potential help on Italy after the German Chancellor...
Read MoreBy FXEmpire.com Analysis and Recommendation: The USD/JPY is trading at 79.34 within the range that is has been during this risk aversion cycle. The pair makes little gains and losses in response to eco data, but more on the...
Read MoreBy FXEmpire.com Analysis and Recommendation: The AUD/USD is at 1.0148 moving up from 1.0137 after the euro surged on news from the EU Summit that Ministers had agreed on a Banking Supervision Plan. Otherwise the EU Summit has...
Read MoreBy FXEmpire.com Analysis and Recommendation: The NZD/USD soared by .0060 to trade at 0.7948 after an announcement from the EU Finance Ministers on the introduction of the EU Banking Supervision Plan. Markets welcomed the news...
Read MoreBy FXEmpire.com Analysis and Recommendations: Natural Gas is trading at 2.784 off the high level of 2.91 just a day or so ago. Markets are awaiting today’s EIA inventory report which is due momentarily. The closure of...
Read MoreBy FXEmpire.com Analysis and Recommendations: Crude Oil is holding at 80.89, staying at the 80.00 price level, where it will most likely remain for the short term. Oil remains over produced and the EIA inventory decline was...
Read MoreBy FXEmpire.com Analysis and Recommendations: Gold continued to decline trading at 1571.25. Spot gold held steady on course of a consolidation in the last five straight sessions. Gold lost some of its safe haven appeal as...
Read MoreBy FXEmpire.com Analysis and Recommendations: Silver is trading at 26.945 following in gold’s footsteps. With little demand, and high risk aversion, commodities are not faring well in this market. Commodities were seen...
Read MoreBy FXEmpire.com Analysis and Recommendations: The EUR/JPY is trading at 98.75 down 0.65 as the euro weakened on eco data from Germany showing a rise in unemployment and an increase in claims. The PBOC was active overnight,...
Read MoreBy FXEmpire.com Analysis and Recommendations: The EUR/USD declined after the release of higher than expected German unemployment data as markets now have to worry about the strength of the EU workhorse, in light of CPI declines...
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