Author: Irit Rutenberg

By FX Empire.com The USD/CAD pair rallied to the upside 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 FX Empire.com The EUR/USD came under heavy pressures after Draghi reiterated his commitment to the treaty and assured the ECB is not in anytime soon ready to start massive bond buying or quantitative easing. The central bank...

By FX Empire.com The EUR/CHF was biased to the downside on Thursday after Draghi reiterated his commitment to the treaty and assured the ECB is not in anytime soon ready to start massive bond buying or quantitative easing. The...

By FX Empire.com Pessimism dominated markets ahead of the EU summit on Friday, where the U.S. dollar strengthened despite the ECB’s announcement of more monetary easing, as the European Central Bank cut the benchmark...

By FX Empire.com On Thursday trading, amid the absence of data from theU.K.economy, the pair fell as fears in markets after Draghi’s announcements enhanced demand on the dollar as a refuge. After announcing aid to banks,...

By FX Empire.com On Thursday trading, the U.S. dollar rose to 8-month high against the Swiss franc as fears in markets after Draghi’s announcements enhanced demand on the dollar as a refuge. After announcing aid to banks,...

By FX Empire.com The NZD/USD pair was little changed on Thursday, as the Reserve Bank of New Zealand kept the rate steady at 2.50%. The central bank cleared that the domestic demand is growing at a moderate pace, while...

By FX Empire.com The AUD/USD pair declined with the beginning of Thursday’s trading session after the Australian economy released pessimistic fundamentals regarding the employment sector. The unemployment rate in Australia...

By FX Empire.com The USD/JPY pair dropped for the fourth day, as safe haven currencies are still holding their ground amid the uncertainty and fears ahead of the EU summit. Asian stocks recorded losses after the Australian...

By FX Empire.com The EUR/USD pair continues to tread water just under the 1.35 level as the markets are patiently waiting on the result out of the EU summit. The Wednesday action ended up unchanged after going back and forth in...