Author: Irit Rutenberg

By FX Empire.com Jitters returned once again to rattle up traders and a wave of pessimism cracked the financial markets on Wednesday, after a surge in costs of insuring against default on Europe’s debt crisis and German...

By FX Empire.com The EUR/CHF was stable on Wednesday despite the strong euro weakness ahead of the rate decision on Thursday as expectations are slimming for a surprise by the SNB this meeting despite the discouraging data from...

By FX Empire.com The EUR/USD extended the strong decline on Wednesday to trade below the psychological areas of $1.30 which is further negative signals for the euro to continue its free fall. The pair is back to trade around its...

By FX Empire.com On Wednesday, the pair showed some fluctuations with one eye on theU.K.data and another on the general sentiment. U.K. data signaled that unemployment hovered around the highest level in 17 years in the three...

By FX Empire.com On Wednesday trading, the pair showed a rise amid tensions in markets after the rise in Italian bond yield at auction and amid expectations the SNB would keep the cap at 1.20 and hold interest rate at 0.00%. The...

By FX Empire.com The USD/JPY pair traded in a tight range early Wednesday after the US dollar soared against most of its major counterparts, in addition to the strong yen which forced the pair not to take a specific direction....

By FX Empire.com The NZD/USD pair reached its lowest level in two weeks with the beginning of Wednesday’s session, as the higher-yielding Kiwi lost ground against other major currencies with the risk aversion dominating...

By FX Empire.com The AUD/USD pair tried to cover some of its previous losses with slight gains early Wednesday, where the pair is trading near its lowest level in two weeks as the greenback soared against other major currencies....

By FX Empire.com As concerns about the European debt crisis are deepening while the Feds offered no new stimulus to boost the economy yesterday, demand for safe haven is still high as investors are avoiding the riskier higher...

By FX Empire.com EUR/USD has fallen hard again on Tuesday as traders continue to vote against the EU summit and the “fixes” that the leaders came up with. Also, there is the continuing threat of downgrades by all...