Author: Irit Rutenberg

By FX Empire.com EUR/USD rose during the early part of the Thursday session until the PM of Germany was quoted as saying that the Eurobond idea was dead. The idea of having Germany and the core of the EU backstopping all debt...

By FX Empire.com EUR/GBP rose during the Thursday session on a bounce from the 0.86 area. The pair looks very bearish though, and because of the 0.8650 level being so important, we aren’t willing to buy at this point. In...

By FX Empire.com The EUR/CHF pair originally popped during the Thursday session, only to give up all of the gains on comments out of Germany that the Eurobond wasn’t an acceptable solution to the debt crisis. There was...

By FX Empire.com AUD/USD rose during the session on Thursday as traders started short-covering. The pair is decidedly bearish, and sold back off later in the session. The pair finished the day forming a shooting star at the...

By FX Empire.com On Thursday, the pair showed volatile movements on the back of the mixed sentiment which gathered correctional movements and mounting concerns from the euro area, where volume was not high due to thanks giving...

By FX Empire.com On Thursday trading, the pairhovered near 1.5500 crucial level amid volatile trading including a mix of correctional movements and mounting concerns from the euro area, where volume was not high due to thanks...

By FX Empire.com It was generally a good day for the EUR/USD as the correctional wave took control of the market and the weak dollar with the absence of U.S. markets supported the battered euro to recover some losses. The euro...

By FX Empire.com The EUR/CHF continued to trade in a tight range on Thursday with the recovery in markets across the board that took advantage of US markets absence and weakened the dollar which accordingly keep the pair stable...

By FX Empire.com The USD/CAD traded in line with the market sentiment on Thursday where investors took advantage of the absence of the U.S. and Canada for Thanksgiving and that helped the recovery after the sharp selloff seen on...

By FX Empire.com Crude oil recovered on Thursday with the weak dollar and rebound in European markets recovering from heavy losses on a needed correction. Electronic trading was supportive of gains for crude that reacted to the...