Author: Irit Rutenberg

By FX Empire.com Following optimism over the EU Debt accord on Friday, markets awaked early Monday on new fears that Europe’s debt-trapped nations could be actually downgraded in the next quarter by one of the...

By FX Empire.com The GBP/USD fluctuated heavily with the start of the week on risk aversion and a strong dollar that kept the pair biased to the downside. The volatility remains high for sterling with investors avoiding any risk...

By FX Empire.com The USD/CHF moved to the upside with the start of the week as the dollar gained grounds on the risk off sentiment in the market that powered the pair to the upside ahead of the rate decisions from both the Feds...

By FX Empire.com The EUR/CHF was slightly biased to the downside with the start of the week despite the strong euro weakness as both currencies lost grounds against the dollar and investors remain cautious ahead of the SNB...

By FX Empire.com The EUR/USD started the week with heavy losses as investors started to take the bearish effect of the EU summit and Moody’s also added to the jitters by saying the EU will be under review after the summit...

By FX Empire.com The USD/JPY pair traded in a narrow range early Monday but it was biased to the upside as risk aversion returned to dominate the FX market amid concerns regarding EU debt crisis. The EU leaders’ summit...

By FX Empire.com The NZD/USD pair dropped early Monday following Aussie’s steps, as risk aversion returned to control the market movement amid the uncertainty regarding the EU outlook. The US dollar advanced against other...

By FX Empire.com The AUD/USD pair fell with the beginning of the week as the US dollar advanced against most of its major counterparts amid risk aversion that controlled the FX market. The Australian dollar lost momentum against...

By FX Empire.com Concerns about the euro zone’s safety persist as the euphoria over Europe’s rescue deal is fading since investors consider the measures to be insufficient to prevent the spread of the debt crisis,...