Author: Irit Rutenberg

By FX Empire.com The USD/CAD pair dropped but rebounded a little following Canada’s wholesale sales index for October, where wholesale sales jumped 0.9 percent from 0.3 percent that was upwardly revised to 0.5 percent for...

By FX Empire.com We can surely start to see the holiday trading theme evident with the start of this week as markets prepare for the end of the year holidays and many traders have taken the sidelines awaiting the start of the...

By FX Empire.com The EUR/USD started the week with choppy trading on reaction to the news from rating agencies and also pressured by the news of the death of North Korea’s leader Kim Jong-il that left the dollar stronger...

By FX Empire.com The EUR/CHF started the week with a clam move in a very tight range as the pair continues to lack momentum especially after the SNB defied called for another move to weaken the franc. The pair is trading within...

By FX Empire.com On Monday, the pair showed a drop amid concerns in markets before the end of the year on expected relapse into recession to the U.K. economy and expected escalation in the euro area debt crisis. Concerns...

By FX Empire.com On Monday trading, the franc strengthened against the dollar to continue its advance for the third session after last week’s SNB decision which involved the hold of interest rate at 0.00-0.25% range and...

By FX Empire.com Concerns continue to spread within the broad markets since this morning persisting till the opening of the US session, since investors are heading towards the low yielding assets after the announcement of the...

By FX Empire.com Risk aversion was seen across the global financial markets today after North Korean leader Kim Jong-il, 70, died on Dec. 17 of a sudden illness. Demand on safe haven intensified on fears of regional instability....

By FX Empire.com The USD/JPY pair advanced with the beginning of the week, as the US dollar soared against other major currencies amid risk aversion that dominated the FX market after the reported death of North Korean leader...

By FX Empire.com The NZD/USD pair started the week with losses, where the Kiwi lost more ground against the US dollar, as concerns increased regarding the EU debt crisis and possibility of spreading to other countries....