Author: Irit Rutenberg

By FX Empire.com The EUR/USD pair shot straight up on Monday as the Greek debt talks are supposed to be doing fairly well behind the scenes. The “risk on” trade came back, and the EUR/USD rises as a result. The 1.30...

By FX Empire.com USD/JPY continues to lull traders to sleep as it goes sideways in a roughly 70 pip range over the last several sessions. Monday saw more of the same, and formed a doji. While there really isn’t much to do...

By FX Empire.com GBP/USD rose again on Monday as traders continue to sell off the US dollar in general. The Pound did well against the Greenback, but only marginally so. The rise was somewhat tempered by the 1.56 level, and we...

By FX Empire.com EUR/GBP skyrocketed during the Monday session as the talks involving Greece and investors were said to be making good progress. However, the market is currently under the 0.84 level, and this is considered to be...

By FX Empire.com The USD/CHF fell fairly hard on Monday as the Dollar took it on the chin against many currencies around the globe. It appears that the “risk on” trade has come roaring back over the last couple of...

By FX Empire.com EUR/CHF barely moved during the session on Monday in what was a very pro-Euro session overall. The market is being buoyed by the Swiss National Bank and its 1.20 “floor” in the market. The pair...

By FX Empire.com AUD/USD rose quite nicely on Monday as traders not only went for commodity currencies, but risk overall. The gold markets did well, and this is normally good for the Aussie. The pair has broken above the...

By FX Empire.com USD/CAD fell on Monday as the oil markets got a bit of a boost by the passing of sanctions by the EU on Iranian oil. Of course, this doesn’t really take effect until July 1, but none the less, there was a...

By FX Empire.com Oil markets gained during the Monday session as the EU approved sanctions against Iranian imports. Of course, they are agreeing to do it in 6 months, (Sounds like the “solutions” to the debt crisis.)...