Author: Irit Rutenberg

By FXEmpire.com Analysis and Recommendations: The EUR/USD continued to gather momentum trading at 1.2430. Market mood was positive again today extending recent gains on escalating hopes that the European Central Bank (ECB) could...

By FXEmpire.com Analysis and Recommendations: The USD/CAD slid right through parity to trade at 0.9970. With little eco data from the US this week, and a strong building permit report from Canada, the USD continued to weaken....

By FXEmpire.com Analysis and Recommendations: The EUR/GBP is trading at 0.7937 dipping a bit in today’s trading, which is hard to interpret. The euro was trading strong against most of its major crosses. The GBP rose...

By FXEmpire.com Analysis and Recommendations: The GBP/USD rose in today’s trading even after the negative eco data. The weakened USD allowed the sterling to rise, trading at 1.5660. Industrial production data in the UK was...

By FXEmpire.com Analysis and Recommendations: Silver had a strong day, adding 0.182 to trade at 28.045. Industrial metals were strong in today’s session. Gold and silver were seen trading in thin ranges as attempts to inch...

By FXEmpire.com Analysis and Recommendations: Gold is trading at 1613.15 close to its opening. Gold have had small gains and losses in today’s session. With little eco data and lite news flow markets were very quiet today....

By FXEmpire.com Analysis and Recommendations: Natural Gas is trading at 2.9333 up a bit in today’s session, after falling from a high close to 3.20 just a few days ago. Investors sold off for profits and also a drop in the...

By FXEmpire.com Analysis and Recommendations: Crude Oil is trading at 92.71 up 0.51 in today’s session. With little to support crude oil, but positive sentiment in the markets, and a weakened USD pushed crude upwards....

Crude oil is trading near seven week’s high of $92/bbl in the Asian session on concern of supply disturbance in Gulf coast region. The National Hurricane center reported that tropical storm Ernesto might become hurricane...

After breaking a three day of losing streak, gold prices traded higher on Monday after an above forecast jobs report in the US decreased the odds of potential monetary easing any time soon and which could be the reason for gold...