By FXEmpire.com This morning crude oil prices are hovering near $83/bbl with marginal up of 0.20 percent from yesterday’s closing. Today is very crucial day for the oil futures as market is eyeing for the OPEC meet result...
Read MoreBy FXEmpire.com The NZD/USD pair initially rallied during the Wednesday session as the “risk on” trade continued, but by the time we reached the end of the US session, there was a lot of risk aversion back in to the...
Read MoreBy FXEmpire.com The Silver markets continued to grind on Wednesday as the market simply cannot find any traction. The silver markets are being deflated by the lack of industrial demand, and the silver markets will continue to...
Read MoreBy FXEmpire.com The Light Sweet Crude markets did very little during the session on Wednesday in order to continue the recent spate of consolidation in this market. The action was very lackluster, and it appears that the market...
Read MoreBy FXEmpire.com Natural gas markets continue to fall in general as the weakness seems to be unending. The action for the Wednesday session was slight but weak. The market is without a doubt one of the most reliable from a...
Read MoreBy FXEmpire.com The gold markets had a slightly positive session for Wednesday as the markets were fairly quiet. The market has been struggling to gain, but has been relentless if nothing else. The action hasn’t been...
Read MoreBy FXEmpire.com Analysis and Recommendation: The USD/JPY continues in a tight range trading at 79.45. The pair have been holding close to the 79.50 range all week. The release of Japanese production figures was disappointing,...
Read MoreBy FXEmpire.com Analysis and Recommendation: The AUD/USD is trading at 0.9960. The Aussie is a bit higher and likely to remain relatively quiet as the market braces for the outcome of Greece’s upcoming elections. The...
Read MoreBy FXEmpire.com Analysis and Recommendation: The NZD/USD Governor Alan Bollard kept the official cash rate on hold at a record-low 2.5 percent. New Zealand’s monetary policy statement comes as Greece prepares to go to the...
Read MoreBy FXEmpire.com Analysis and Recommendations: The USD/CAD is trading at 1.02556. The CAD is unchanged vs the USD and likely to trade on broader market sentiment in the absence of domestic data. Key drivers such as equity futures...
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