By FXEmpire.com Analysis and Recommendation: The AUD/USD is trading at 0.9652. The Australian dollar has fallen to a fresh eight-month low, on the back of disappointing data out of the United States and China. The Aussie fell...
Read MoreBy FXEmpire.com Analysis and Recommendation: The USD/JPY stood at 78.18 yen against the U.S. dollar on Monday, off a 3-1/2 month high of 77.65 yen hit on Friday. It stood at 96.99 against the euro, after climbing to its highest...
Read MoreBy FXEmpire.com Weak manufacturing activity in China and dismal growth data from Japan, Australia and South Koreahave underscored Asia’s vulnerability to the European turmoil and sparked fresh calls for EU intervention....
Read MoreBy FXEmpire.com Introduction: The Canadian Dollar moves in reaction to the US Dollar. Movements are small and easy to track and trade. The Canadian Dollar also responds to economic reports within Canada. It has little action...
Read MoreBy FXEmpire.com Introduction: While the ranges are wider (and so should stops be), the lines are rather distinctive, especially towards the borders of the long term wide range. This pair makes for good trades, with the new...
Read MoreBy FXEmpire.com Introduction: News from the Euro and Swiss zone. EUR/CHF is frequently chosen for carry trades which involves going long a high-yielding currency (EURO – 3.50%) against a low-yielding one (CHF –...
Read MoreBy FXEmpire.com Introduction: The cross tends to move in ranges, with relatively clear barriers. The narrower ranges made it somewhat harder, but it seems to return to wider ranges. The GBP is does not seem to move in response...
Read MoreBy FXEmpire.com The EUR/USD pair got a bit of a boost during the session on the bad jobs numbers out of America. This seems to be predicated on the idea that the Federal Reserve could forced to step in and ease further. However,...
Read MoreBy FXEmpire.com The USD/JPY pair fell hard during the session on Friday as the Non-Farm Payroll numbers came out weak. The 69 thousand jobs added was well under the expected amount, and as a result the Dollar got pummeled. There...
Read MoreBy FXEmpire.com The GBP/USD pair fell again on Friday as the Non-Farm Payroll numbers for the month of May come out at just 69 thousand jobs added in America. This had a bit of speculation enter the market that the Federal...
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