By FX Empire.com On Thursday, the pair advanced for the second as the rise in French 10-year bond yield at a bond auction enhanced demand on the dollar as a safe haven. Francesold 7.96 billion euros of long-term debt, namely...
Read MoreBy FX Empire.com The USD/JPY pair traded in a narrow range early Thursday after the greenback returned to record gains against other majors, which enabled it to hold ground against the Japanese yen after its previous losses....
Read MoreBy FX Empire.com The NZD/USD pair retreated for the second consecutive day ending the pair’s upside movements, where the US dollar returned to control the FX market after risk aversion took place. TheNew Zealanddollar...
Read MoreBy FX Empire.com The AUD/USD pair dropped for the second day as the US dollar was able to cover most of its previous losses against other majors, which supported the greenback to end the Aussie upside movements. The EU debt...
Read MoreBy FX Empire.com The renewed worried overEurope’s debt crisis and its repercussions on the global economy dampened investors’ risk appetite today, pushing the safe haven USD sharply to the upside while the high...
Read MoreBy FX Empire.com EUR/USD fell again during the Wednesday session as the risk appetite was fleeting from the Tuesday rallies in equity markets around the world. The pair continues to be plagued by EU debt problems, and the market...
Read MoreBy FX Empire.com The USD/JPY pair sat fairly still during the Wednesday session as the pair finally reached the “meat” of the support. The pair is decidedly bearish, but the Bank of Japan remains below and willing to...
Read MoreBy FX Empire.com GBP/USD fell overall during the session on Wednesday as the pair reached the upper end of the recent consolidation range. The 1.57 level just above the current price has been the start of a resistance zone up to...
Read MoreBy FX Empire.com EUR/GBP fell again for the session, and even broke below our trigger point of 0.83 to confirm a sell order. The pair seems to show that the direction is still down, and the 0.80 level will more than likely...
Read MoreBy FX Empire.com USD/CHF rose to the upside on Wednesday as the 0.93 level proved to be supportive yet again. The area was the site of a breakout a couple weeks ago, and we suggested that it should continue to support the pair...
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