Author: Irit Rutenberg

By FX Empire.com The EUR/USD bounced originally during the Friday session to the 1.30 level where it ran into resistance again. The pair is under massive pressure as the Euro is being sold against almost all other currencies....

By FX Empire.com EUR/GBP got absolutely pummeled on Friday as traders continue to show a real lack of faith in the European Union. The flow of money coming out of Europe and into the United Kingdom seems to be accelerating and...

By FX Empire.com EUR/CHF fell again during the Friday session as traders continue to run from the Euro in general. The light volume didn’t seem to dissuade traders from pressing the sell button on their terminals, and as a...

By FX Empire.com AUD/USD rose on Friday as the markets bought the commodity currencies on the whole. Even with the oil markets falling, the gold markets did well. The Aussie is very sensitive to these moves in the gold markets,...

By FX Empire.com The USD/JPY pair dropped last week to its lowest level in three weeks, where the risk aversion returned to the FX market with the end of last week, pushing the Japanese yen to the upside against most of its...

By FX Empire.com The NZD/USD pair retreated from its highest level in three weeks, as the US dollar soared last week against other majors pushing the Kiwi down, on the other hand the New Zealand economy did not issue any...

By FX Empire.com The USD/CAD pair declined to a three-week low, as the Canadian dollar was supported by an upside punch in crude oil prices, after oil skipped the $100 levels a barrel on concerns of supply disruption from Iran...

By FX Empire.com In the week ended Dec. 30, the USD/CHF showed a rise as the tensions stemming from the euro area enhanced demand on the dollar as a refuge, where the improvement in someU.S.data could not add much positivity to...