Author: Irit Rutenberg

By FX Empire.com A slight wave of optimism was seen across the broad markets, as Italy’s Prime Minister Mario Monti will unveil today a 30 billion euro package of austerity measures to parliament, boosting confidence ahead...

By FX Empire.com The NZD/USD pair was little changed with the beginning of the week, as it traded near its highest level in two weeks after the US dollar dropped against most of its major counterparts last week. The federal...

By FX Empire.com The AUD/USD pair traded in a narrow range early Monday after the pair hit its highest level in almost three weeks, as the US dollar lost ground against most of its major counterparts. The Australian dollar...

By FX Empire.com The USD/JPY pair retreated with the beginning of the week after it reached its highest level in four weeks during last week. The Japanese currency is trying to gains some momentum against the dollar after its...

By FX Empire.com The USD/JPY pair retreated early Tuesday to end three sessions of gains, while the dollar is still losing momentum against most of its major counterparts. On the other hand, the rally in the global equities...

By FX Empire.com The NZD/USD pair soared for the third day after it has opened the week with a bullish gap, as the Kiwi is using the current market sentiment which supports the risk appetite. The Kiwi used the current US dollar...

By FX Empire.com The AUD/USD pair advanced for the third straight day as the US dollar dropped against major currencies, while the global equities rally supported the Aussie to cover some of its previous losses against the...

By FX Empire.com Although investors continue to be optimistic over Europe’s boosted efforts to solve the widening debt crisis, anxiety and cautions is keeping markets unstable, with no clear direction, awaiting the results...