By FX Empire.com The USD/CAD pair skyrocketed during the session on Thursday as the “risk off” trade came back into the fray. The Canadian dollar is tied to the risk spectrum and highly sensitive to the price of oil,...
Read MoreBy FX Empire.com NZD/USD fell on Thursday after first rising due to the market perceiving the EU rate cut as a good sign. The lack of bond buying in the statement however had the markets concerned, and we fell from the...
Read MoreBy FX Empire.com The GBP/USD pair poked above the 1.57 level on Thursday as traders got long of the pair on optimism about the outcome of the EU summit. However, as headline after headline came out, the markets got more and more...
Read MoreBy FX Empire.com The EUR/USD pair fell during the session on Thursday as the world first reacted positively to the rate cuts out of the EU, only to be disappointed by the lack of bond buying in the press conference statement....
Read MoreBy FX Empire.com EUR/GBP fell fairly hard during the session on Thursday as the Euro region continues to find one problem after another. The headlines coming out of Europe aren’t overly positive at the moment, and the...
Read MoreBy FX Empire.com The EUR/CHF pair fell on Thursday despite the Swiss National Bank providing a backstop for this pair below. The selling of the Euro continues in other pairs as the world simply doesn’t believe the EU...
Read MoreBy FX Empire.com AUD/USD had a rough day on Thursday as it both shot straight up, and then fell apart. The original move was in reaction to the EU announcement of a rate cut, something the market desperately wanted. The initial...
Read MoreBy FX Empire.com Gold prices fell on Thursday amid the dollar’s strength, where the U.S. dollar strengthened despite the ECB’s announcement of more monetary easing, as the European Central Bank cut the benchmark...
Read MoreBy FX Empire.com Crude oil prices fell on Thursday, where the U.S. dollar strengthened despite the ECB’s announcement of more monetary easing, as the European Central Bank cut the benchmark interest rates by 25 basis...
Read MoreBy FX Empire.com Natural gas prices gained on Thursday, after the EIA report showed natural gas stockpiles fell below median estimates, where natural gas stockpiles fell by 20 billion cubic feet, below median estimates of a drop...
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