By FXEmpire.com Analysis and Recommendations: The USD/CAD is trading at 1.0253. The CAD is retracing some of yesterday’s losses leading and is up 0.4% since yesterday’s close. There are no domestic data releases or...
Read MoreBy FXEmpire.com Analysis and Recommendations: The EUR/GBP fell on the weakness from the euro, trading at 0.8016. The elation on the Spanish banking plan (if any) cooled further out in the session. So, EUR/GBP also reversed the...
Read MoreBy FXEmpire.com Analysis and Recommendations: The EUR/USD is down at 1.2481 and falling as investors sentiment turning negative on Spain and worries about the quick approaching Greek elections. The euro had seen a recovery...
Read MoreBy FXEmpire.com Analysis and Recommendations: The GBP/USD added 0.0084 pips today, to trade at 1.5570. The GBP is up 0.3% since yesterday’s close, underperforming the growth currencies like CAD and AUD and in line with...
Read MoreBy FXEmpire.com Analysis and Recommendations: The EUR/CHF continues to range trade at 1.2009. There isn’t much to write about this pair, they have been locked in this range for over 2 months, as the SNB continues to...
Read MoreBy FXEmpire.com Yesterday, the price pattern in the EUR/GBP cross rate was an almost perfect copy of what happened in the headline EUR/USD cross rate. The pair reached a corrective high north of the 0.8150 mark at the open of...
Read MoreBy FXEmpire.com During early Asian session, oil futures are seen hovering below $82/bbl with loss of more than 0.80 percent in electronic trading. Most of the Asian equities are trading in a negative note as euphoria over Spain...
Read MoreBy FXEmpire.com Analysis and Recommendation: The USD/JPY is trading at 79.32 having dipped from the high of 79.92 underscoring the prevailing bearish sentiment, bets against the euro surged to a record high in the latest week,...
Read MoreBy FXEmpire.com Analysis and Recommendation: The AUD/USD is up at 0.9896 on the strength of the Chinese data releases which showed that inflation was lower than expectation, allowing for speculation of further policy easing by...
Read MoreBy FXEmpire.com Analysis and Recommendation The NZD/USD is trading at 0.7687 having fallen from 0.7765 as the elation over Spain’s bailout seems to fade.Over the weekend, Spain and the EU reached tentative agreements to...
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