Author: Irit Rutenberg

By FXEmpire.com Today, the focus remains on Europe with the ECB meeting the main event for markets. Also interesting will be the preliminary estimate of euro zone Q1 GDP (first details) and in Germany the industrial production...

By FXEmpire.com Currently, oil futures prices are trading near $85/bbl with gain of more than 0.80 percent as crude oil inventory declined for the first time in more than last two months of time. As per American petroleum...

By FXEmpire.com This morning Gold is quoting a substantial percentage up at Globex and the Asian equities nudged up ahead of the much awaited ECB meet later today. Market could still be bit nervous as Spain intimated sign of...

By FXEmpire.com The EUR/USD pair fell during the session on Tuesday as the risk off attitudes came back to the markets, albeit in a limited mode. The pair seems to have reacted to the 1.25 level as resistance, and this move did...

By FXEmpire.com The USD/JPY pair had a bullish session on Tuesday as members of the Bank of Japan started the verbal phrase of their intervention in order to bring down the value of the Yen. The BoJ has a long history of...

By FXEmpire.com The GBP/USD pair continued to grind sideways on Tuesday as the pair simply has no real catalyst to rise, but the Dollar is being speculated against as the ideas of another round of quantitative easing are in the...

By FXEmpire.com EUR/GBP fell fairly hard during the session on Tuesday to test the 0.81 level. It did get pierced, but held as support for the session. However, the overall trend is down in this pair, and as a result we prefer...

By FXEmpire.com The EUR/CHF pair continues to be heavily influenced by the Swiss National Bank as it has declared the 1.20 level as the “minimum acceptable exchange rate” between the Euro and the Franc. In fact, the...

By FXEmpire.com The AUD/USD pair had a slightly bullish session on Tuesday as the markets in general had a slightly firmer tone to them. The 0.99 level just above looks to be resistive, and could keep a lid on any moves. It is...