Author: Irit Rutenberg

By FXEmpire.com The USD/JPY pair rose again during the session on Thursday in reaction to the lack of easing being mentioned by the Federal Reserve Chairman Ben Bernanke in front of Congress. In fact, Mr. Bernanke even admitted...

By FXEmpire.com The USD/CAD pair fell initially during the Thursday session as the trading world believed Ben Bernanke would deliver some kind of message of further quantitative easing to the Congress, but “Uncle...

By FXEmpire.com The NZD/USD pair initially rose during the session on Thursday as expectations of further easing out of the Federal Reserve reached a fever pitch. However, the Federal Reserve Chairman Ben Bernanke poured cold...

By FXEmpire.com The GBP/USD pair initially spiked during the Thursday session as the “risk on” trade came back into the fray. However, by the end of the day we had given up quite a bit of ground and the wick for the...

By FXEmpire.com The EUR/USD pair tried to rally for the session on Thursday as the markets expected Ben Bernanke to talk about stimulus in front of the Congress. The fact is that he didn’t explicitly say so, and even...

By FXEmpire.com Analysis and Recommendation: The NZD/USD is trading at 0.7637 following closely in the footsteps of its local partners. The PBoC offset the Fed comments, and the BoE and the BoC mitigated the ECB lack of action....

By FXEmpire.com The EUR/GBP pair fell for the session on Thursday as the 0.81 level continues to attract price. The pair is currently struggling with who is in worse shape – Europe or the United Kingdom. The truth is that...

By FXEmpire.com Analysis and Recommendation: The USD/JPY is holding under the 80. price level at 79.29. The yen gained versus all its major counterparts before data forecast to show German exports fell in April amid concern the...

By FXEmpire.com The EUR/CHF pair continued to do nothing on Thursday. The pair cannot move as the Euro isn’t a currency that people want to own, and the Swiss National Bank is actively protecting the 1.20 level as a...