Author: Irit Rutenberg

By FX Empire.com Mixed feelings dominated financial markets on Tuesday amid the lack of economic data from the United States, as fears continued to dominate global financial markets over the outlook of the European debt crisis...

By FX Empire.com The EUR/USD fluctuated heavily on Tuesday after S&P issued a new warning for the eurozone members and placed 15 nations under review with a threat of downgrades that might eventually lead to an EFSF...

By FX Empire.com Despite the volatility seen for the euro on Tuesday the EUR/CHF still found the space to move to the upside after the Swiss data signaled rising deflation threats and raised expectations for the SNB to take...

By FX Empire.com On Tuesday trading, amid the absence of data from both economies, the pair followed the general sentiment in the market which is fueled with concerns after Standard & Poor’s warned the euro-area...

By FX Empire.com On Tuesday trading, the Swiss franc weakened against the dollar after a report showing that Swiss consumer prices dropped 0.5% from a year earlier, marking the sharpest drop since Oct. 2009, raising speculations...

By FX Empire.com The USD/JPY pair dropped for the second day as demand increased for safe assets, after Standard & Poor’s announced it may cut the credit ratings for France, Germany and other countries from the EU...

By FX Empire.com The AUD/USD pair dropped to its lowest level in four days after the Reserve Bank of Australia cut interest rate by 25 basis points to 4.25%, which reduced demand for Aussie pushing the pair to the downside. The...

By FX Empire.com The NZD/USD pair dropped to its lowest level in four days, as the greenback advanced against most of its major counterparts after risk aversion returned to the FX market. Concerns over the EU region outlook...

By FX Empire.com Pessimism was seen across the broad markets today after Standard & Poor’s warned it might downgrade 15 European nations including Germany and France, spreading concerns in markets and boosting demand...

By FX Empire.com The EUR/USD pair initially had a very positive day during the Monday session as the markets reacted positively to the meeting between Sarkozy and Merkel. The meeting was successful in producing an overall...