Author: Irit Rutenberg

By FXEmpire.com This morning base metals are trading slightly positive by 0.09 to 0.2 percent at LME electronic platform. The Asian equities are trading mixed while early morning machine orders from Japan increased more than...

By FXEmpire.com Analysis and Recommendation: The USD/JPY is trading at 79.67. USDJPY has traded very close to the 79.50 for the last three days. Two private sector economist Takahide Kiuchi (Normura) and Takehiro Sato (Morgan),...

By FXEmpire.com Analysis and Recommendation: The AUD/USD is off at 0.9942.The current Risk-off sentiment makes sense, given the event risk coming up, with the Greek elections, the FOMC (Federal Open Market Committee) meeting...

By FXEmpire.com Analysis and Recommendation: The NZD/USD down exchanging at 0.7763. The kiwi gained more than half a US cent after the European Central Bank endorsed Spain’s financial bailout even as Fitch Ratings said the...

By FXEmpire.com The EUR/USD pair had a relatively quiet session on Tuesday as the stock markets were strong in the United States. The 1.25 level continued to be the epicenter of price action, and with the Greek elections coming...

By FXEmpire.com The USD/JPY rose during the session on Tuesday as the risk appetite rose as well. The 80 level above continues to be the current “ceiling” for price, and as a result we think that a clearing of that...

By FXEmpire.com The GBP/USD pair rose during the session on Tuesday as the risk appetite rose globally. The move higher coincided with a lot of stimulus talk, and the rising stock markets. The top of the recent gap has been...

By FXEmpire.com The EUR/GBP pair continued the fall on Tuesday as the Euro continues to be a currency that has far too many negative headlines surrounding it to be held onto for any great length of time. The Pound isn’t...

By FXEmpire.com The EUR/CHF pair continued to go sideways on the Tuesday session as the market has nowhere to go. The Swiss National Bank still has a “floor” put in this pair at the 1.20 level, and this market simply...

By FXEmpire.com The AUD/USD pair had a bullish session on Tuesday as the “risk on” trade came back. Rumors of Federal Reserve easing continued to hit the markets, and as a result the “hopium” trade...