Author: Irit Rutenberg

By FXEmpire.com The Asian equities are trading down by 0.3 to 1 percent after weak performance of western peers and increased uncertainty over Spanish banking recapitalization. Further from the Asian bourses, Japan’s...

By FXEmpire.com The gold markets had a mildly positive session on Monday as traders came back from the weekend. The market has seen a rough couple of sessions lately, and this rise will have been quite welcome by the bulls. The...

By FXEmpire.com Analysis and Recommendation: The USD/JPY is trading at 79.62 as the government’s fall over the tax hike bills could have a bearing on the Bank of Japan’s (BOJ) monetary policy and the yen. The current...

By FXEmpire.com Analysis and Recommendation: The AUD/USD is currently trading at 1.0028 coming close to parity once again. Like its cousins throughout the pacific, the pair is deeply affected by the global slowdown and contagion...

By FXEmpire.com Analysis and Recommendation:(close of the Asian session) The NZD/USD added 0.0019 to trade at 0.7893. The New Zealand dollar may fall from near a seven-week high as concern mounts that this week’s European...

By FXEmpire.com Analysis and Recommendations: The USD/CAD continues to tumble trading at 1.0307 as the USD gains momentum as markets continue in risk aversion mode. The dollar index is just under 83.00 which has been a large...

By FXEmpire.com Analysis and Recommendations: The EUR/GBP fell today, to 0.8037 as the euro dropped against most of the currencies. As it looks more and more certain that the BoE will offer an additional round of QE at their...

By FXEmpire.com Analysis and Recommendations: The EUR/JPY is off by 1.61 trading below the 100.00 level, at 99.50. With Spain, Greece and Italy floundering and Germany and France bickering, global leaders are pushing for more...

By FXEmpire.com Analysis and Recommendations: The EUR/USD declined throughout the European session. The pair is trading at 1.2495 and falling. On the eve of the EcoFin Summit, Spain, Italy and Greece remain the focus. Markets...

By FXEmpire.com Analysis and Recommendations: The GBP/USD fell along with most of the USD trading partners today. The pair is at 1.5549. In a day void of eco data on both sides of the Atlantic, the markets have been about news...