Author: Irit Rutenberg

By FX Empire.com The upbeat manufacturing data from the United States and China helped divert market attention from euro woes yesterday, but risk aversion was reignited ahead of Germany’s and Portugal’s bond...

By FX Empire.com EUR/USD rose on light volume during the Tuesday session. The traders came back to the floors around the world, and as is usually the case – optimism reigned at the start of the New Year. However, traders...

By FX Empire.com USD/JPY continued to dive on Tuesday as the Dollar was sold off in general. The pair is in a massive bear market, so this coincides with the overall trend as well. The breakdown has been brutal, and selling at...

By FX Empire.com GBP/USD rose sharply during the Tuesday session as traders bought the “risk on” story for the day. However, we have seen this story before, and know how quickly things can change in these markets....

By FX Empire.com EUR/GBP rose for the first part of the session on Tuesday as the markets started to rally in general. However, towards the later hours this pair saw a fall to continue the recent run. The shape of the daily...

By FX Empire.com USD/CHF fell hard on Tuesday as another round of “everything is suddenly alright” seemed to hit the markets. The Dollar got sold off, but as we have seen several times recently, these are simply...

By FX Empire.com EUR/CHF continued to bump around the bottom of the recent consolidation range that it has been in for the last several months on Tuesday as traders simply are forgetting this market. The pair can be played, but...

By FX Empire.com Tuesday saw the AUD/USD gain serious strength as traders rang in the new year with optimism. The pair will follow the risk sentiment, and it appears that it is sudden strong. However, there isn’t much that...

By FX Empire.com USD/CAD fell hard on Tuesday as traders continue to buy the oil contracts. While the US economy continues to expand, the oil markets are being jolted by troubles in the Persian Gulf area between Iran and its...

By FX Empire.com NZD/USD shot straight up on Tuesday as traders took risk on everything they could. Commodities rallied again, and the Kiwi benefitted as a result. The pair is closing out the session on a high note, and the 0.79...