By FX Empire.com Economic Events: (GMT) 03:00 EUR French Manufacturing PMI 49.3 48.9 03:30 EUR German Manufacturing PMI 49.1 48.4 04:00 EUR Manufacturing PMI 47.4 46.9 The Manufacturing Purchasing Manager’s Index (PMI)...
Read MoreBy FX Empire.com Economic Events: (GMT) 03:00 EUR French Manufacturing PMI 49.3 48.9 03:30 EUR German Manufacturing PMI 49.1 48.4 04:00 EUR Manufacturing PMI 47.4 46.9 The Manufacturing Purchasing Manager’s Index (PMI)...
Read MoreBy FX Empire.com The USD/JPY pair started the week within a narrow range trading but was biased to the upside, where the current market sentiment is generally still positive which added more pressure on the Japanese yen. The US...
Read MoreBy FX Empire.com The NZD/USD pair soared early Monday with the current confidence in the financial market, where the dollar is facing more pressure before the FOMC meeting and the fourth quarter GDP reading from the U.S. economy...
Read MoreBy FX Empire.com EUR/USD rose straight up for the Wednesday session as traders celebrated more rumors of free money for the Greeks in the form of some kind of bailout being put together by the IMF. The bond auctions are a mixed...
Read MoreBy FX Empire.com USD/JPY fell for the session on Wednesday as the Dollar got sold off in general. The pair currently is sitting on top of a nice support area at 76.50 level and the market simply hasn’t moved much over the...
Read MoreBy FX Empire.com The GBP/USD pair shot straight up on Wednesday as traders took on more risk for the session. However, the pair is currently at the bottom of a massive consolidation pattern from just a couple of session back,...
Read MoreBy FX Empire.com EUR/GBP rose for the Wednesday session as the Euro did well in general. The Pound also gained against the Dollar, and as a result the “risk on” trade came back. This pair has been in a downtrend as...
Read MoreBy FX Empire.com USD/CHF fell hard during the session on Wednesday as traders sold off the US dollar. However, the 0.93 level is just below, and this was the site of serious support previously. Because of this, we would hesitate...
Read MoreBy FX Empire.com EUR/CHF had a fairly wild day on Wednesday as the market first rose, and then fell. The Swiss National Bank has imposed a “floor” at the 1.20 level in which we expect them to intervene. In fact, they...
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