Author: Irit Rutenberg

By FXEmpire.com Outlook and Recommendation Natural Gas closed the month at 2.383 after investors talked the commodity up to 2.82 and then sold off for profits. The natural gas futures market trended lower over the report week....

By FXEmpire.com Outlook and Recommendation The NZD/USD ended May at 0.7534. The chart below shows the trading range of the NZD in May. The worst performer of the primary currencies, the New Zealand dollar (NZD) lost 8% in May....

By FXEmpire.com Outlook and Recommendation Silver ended a crazy month at 27.683 having fallen to a recent low. Risk aversion was the market theme and silver just played follow the leader marching behind gold. The USD hit near...

By FXEmpire.com Outlook and Recommendation The USD/CAD continues to weaken trading at 1.0332 as risk aversion supports the USD and the drop in crude prices hurts the CAD. The escalation of the European crisis and the...

By FXEmpire.com Analysis and Recommendations: Crude Oil remains a bit elevated trading at 85.45. Nymex crude oil prices declined by 0.4 percent earlier today but regained after Fed Chairman Bernanke testified that the Fed was...

By FXEmpire.com Analysis and Recommendations: Silver followed gold and traded down at 28.70. On Wednesday, Federal Reserve Bank of Atlanta President Dennis Lockhart said that “further monetary actions to support the...

By FXEmpire.com Analysis and Recommendations: Natural Gas tumbled on inventory supplies today. NG is currently trading down at 2.311. The U.S. Energy Information Administration said in its weekly report that natural gas storage...

By FXEmpire.com Analysis and Recommendations: Gold inched up and is hovering near $1605.75 per ounce underpinned by a strong Euro. The Euro held firm against the dollar on anticipation of more monetary policy actions from the...

By FXEmpire.com Analysis and Recommendations: The USD/CAD dipped today, trading at 1.0250 as markets reacted to Fed Chairman Bernanke’s testimony, where he stated that the Fed was watching the economy closely and would act...

By FXEmpire.com Analysis and Recommendations: The GBP/USD moved up in today’s session. The pound added 0.0059 to trade at 1.5556. Sterling is up 0.3% and gaining against most of its peers as the BoE left policy unchanged...