Bernanke and Gold the Day After
By FXEmpire.com Yesterday’s closely watched Fed’s policy meeting finally yielded results to extend the bond buying program known as “Operation Twist” through the end of the year, raising the money amount...
Read MoreBy FXEmpire.com Yesterday’s closely watched Fed’s policy meeting finally yielded results to extend the bond buying program known as “Operation Twist” through the end of the year, raising the money amount...
Read MoreBy FXEmpire.com EUR/USD had fairly volatile day on Wednesday as the Federal Reserve had its announcement signaling an extension of the “Operation Twist.” The market reaction was one of confusion, and at the end of...
Read MoreBy FXEmpire.com The USD/JPY pair rose during the session as the Federal Reserve only managed to extend the “Operation Twist” instead of easing further and more aggressively. Based upon the Fed’s announcement,...
Read MoreBy FXEmpire.com The GBP/USD pair had a wild day on Wednesday in order to finish the day basically unchanged. The pair will be sensitive to a lot of different things at once, but the most interesting fact is that the Bank of...
Read MoreBy FXEmpire.com EUR/GBP rose during the session on Wednesday as the grind continues. The bearish flag is still there, and we haven’t seen the bottom of it give way. However, there are plenty of problems in Europe, so one...
Read MoreBy FXEmpire.com The EUR/JPY pair rose during the session on Wednesday as the markets showed a significant bounce late in the US session. The EUR/JPY is notorious for following the global stock markets overall –...
Read MoreBy FXEmpire.com The AUD/USD pair rose slightly at the end of the session on Wednesday, to form a green doji. The candle suggests that we are looking for some kind of direction at the moment, and the 1.02 level above could be...
Read MoreBy FXEmpire.com The USD/CAD pair had an interesting session on Wednesday as the pair was at one time bullish, then bearish, and finished the day forming a shooting star. The shooting star for the session does in fact seem to...
Read MoreBy FXEmpire.com NZD/USD rose slightly at the end of the day in order to form a slightly green doji for the Wednesday candle. The 0.80 level above will be resistive, so a move in the near term will be interesting. The markets...
Read MoreBy FXEmpire.com The silver markets somewhat disappointed during the Wednesday session as the Federal Reserve’s extension of “Operation Twist” failed to get the markets moving in general. The silver markets have...
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