Author: Irit Rutenberg

By FXEmpire.com Analysis and Recommendations: Silver did not fare as well as gold did in today’s trading, losing over 0.13 to trade at 28.33. In early trading silver followed cue from gold and moved up but the initial...

By FXEmpire.com Spain Gets Approved for 100b euro Bailout — Show Us the Money !!!! After weeks of denying the need for a bailout, and numerous market and financial manipulations, the Spanish government has finally...

By FXEmpire.com Expectations were in line as the European finance ministers decided to lend 100billion euros to its fourth largest economy to prevent the banking meltdown. The deal triggered a rally in riskier assets in early...

By FXEmpire.com Analysis and Recommendation: The USD/JPY witnesses huge sell off, as EU gives favorable nod to Spanish bailout request. The euro soared and then JPY and USD fell against most of their trading partners. The pair...

By FXEmpire.com Analysis and Recommendation: The AUD/USD climbed this morning on news of a rescue package for Spain, the Aussie is trading at 0.9976 on weakness in the greenback. The pair should be falling, as China released a...

By FXEmpire.com Analysis and Recommendation: The NZD/USD climbed to 0.7766 adding 0.0061 on weakness of the USD. China this weekend released a slew of eco data, most reporting under forecast, with the only strong numbers seen in...

By FXEmpire.com The EUR/USD pair continued to be the focus of everyone in the Forex world on Friday. The pair features a currency that many think may not even exist in a couple of years, and as a result there is an extraordinary...

By FXEmpire.com The USD/JPY pair fell for most of the session on Friday, only to turn around and form a hammer in the end. The hammer is just below a massive resistance area though, so we don’t read too much into it. The...

By FXEmpire.com The GBP/USD pair fell during the Friday session as the Pound’s woes continued. The Dollar has been relentlessly gaining on European currencies in general, and the Pound is no different. The shooting star on...

By FXEmpire.com The EUR/GBP pair moved very little during the session on Friday as the pair continues to levitate in the 0.81 handle area. This pair features two currencies that are very much unloved at the moment, and this...