By FXEmpire.com Analysis and Recommendations: The GBP/USD closed the month trading at 1.5447 as it continued its decline on worries over the economic health of the UK. Ever since the IMF issued a warning to the BoE earlier this...
Read MoreBy FXEmpire.com Analysis and Recommendations: Gold bounced around all day today, after it regained some strength during yesterday’s session after trimming its early session losses and is trading at 1561.35 an ounce....
Read MoreBy FXEmpire.com Analysis and Recommendations: Natural Gas declined to trade at 2.416 down 0.003. Inventory reports showed that supplies continued to rise, now that the weather situation has calmed. Without seasonal demand,...
Read MoreBy FXEmpire.com Analysis and Recommendations: Silver continued in the shadow of gold, falling a bit, to trade at 27.69 to end the week and the month. Amid the unending woes of eurozone debt crisis, commodities were seen paring...
Read MoreBy FXEmpire.com Analysis and Recommendations: The USD/CAD is trading at 1.0319 as the USD continues to gather momentum. Markets shrugged off disappointing eco data, and decided to wait for the all important Nonfarm payroll...
Read MoreBy FXEmpire.com Yesterday, the EURGBP trading didn’t look that different from the previous days. The euro crisis was still the key factor for trading on most markets. The negative headlines on Spain and on the Spanish...
Read MoreBy FXEmpire.com The EUR/USD pair fell hard on Wednesday as a continuation of the concerns occurred worldwide. The Spanish banks are now front and center, and as such we are now worried about the entire zone on the whole, but are...
Read MoreBy FXEmpire.com The USD/JPY pair had a bearish day on Wednesday as the fears of a global recession came back into the markets. With the fears coming out of Europe, there is rampant speculation that the Fed will have to do some...
Read MoreBy FXEmpire.com The GBP/USD pair fell apart on the Wednesday session as the “risk off” trade continued. The 1.5650 level gave way in short order, and the 1.55 level has even been violated at this point. The pair will...
Read MoreBy FXEmpire.com The EUR/GBP pair rose slightly for the Wednesday session as the market continues to bounce around the 0.80 level. The area looks like it is a magnet for prices, and there is historical precedence for this being a...
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