By FXEmpire.com The AUD/USD pair attempted a rally on Thursday as the 0.97 level was tested. The resulting candle was green, but just barely. Even more interesting is the fact that the candle is a shooting star at the bottom of...
Read MoreBy FXEmpire.com Analysis and Recommendation: (close of the Asian session) The NZD/USD continues to decline trading at 0.7945. The kiwi drifted lower on Friday as investors already worried about debt in Europe digested weak...
Read MoreBy FXEmpire.com Analysis and Recommendation: The AUD/USD is trading at a low of 0.9697, having fallen over half a US cent after the release of weak Chinese manufacturing data. The official Chinese purchasing managers index (PMI)...
Read MoreBy FXEmpire.com Analysis and Recommendation: The USD/JPY continues to see the JPY out power the USD trading at 78.45 coming closer and closer to that all important 78.00 levels. The euro tumbled overnight amid fears that...
Read MoreBy FXEmpire.com Weak manufacturing data from China has increased concerns on the world’s fastest growing economy. Investor sentiments weakened further and led to downside pressure on Asian equities in today’s trading...
Read MoreBy FXEmpire.com The euro fell to the lowest price since January, falling below 98 yen in Tokyo trading Thursday, hit by a barrage of selling amid growing worries that the European debt crisis is spreading and at the EU is losing...
Read MoreBy FXEmpire.com Analysis and Recommendations: The EUR/USD continues to trade under 1.24 holding at 1.2390. After Asia sold off in sympathy to yesterday’s European and North American moves, European equities found their...
Read MoreBy FXEmpire.com Analysis and Recommendations: Crude Oil is trading at 86.84 as it continued its fall today. Amid the unending woes of eurozone debt crisis, commodities were seen paring their earlier losses. Now, markets are...
Read MoreBy FXEmpire.com Analysis and Recommendations: The EUR/GBP is ending the month at a recent low, trading at 0.8020 holding tight on the 80price level. There is no obvious explanation for this poor performance of sterling. Of...
Read MoreBy FXEmpire.com Analysis and Recommendations: The EUR/CHF closed the month, just where it started the month at 1.2009. It was a rocky month, with bounces along the way, but the pair seemed to be able to sleep through most of the...
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