Author: Irit Rutenberg

By FXEmpire.com The gold markets had a fairly substantial rally during the Wednesday session as risk appetite came back. The recent tight consolidation range has been busted, but we’re still within the larger consolidation...

By FXEmpire.com Gold rose more than 1.5%, outperforming equities as renewed talks of US and European monetary stimulus boosted precious metal’s appeal as a inflation hedge. Gold broke above the 1600 price level and in...

By FXEmpire.com Analysis and Recommendations: Silver followed clues from gold and the metals pack to move up to 27.18 adding 1.39% in today’s session. Worries over the Euro Zone debt crisis and flagging economic growth in...

By FXEmpire.com Analysis and Recommendations: Crude Oil is trading at 88.64 adding a few cents in today’s session as investor’s posture before inventory reports are released. The current inventory release will be...

By FXEmpire.com Analysis and Recommendations: Gold traded up today, at 1599.95 adding 23.75. Yesterday’s late afternoon WSJ article by J. Hilsenrath’s helped to refocus markets on next Wednesday’s August 1st...

By FXEmpire.com Analysis and Recommendations: Natural Gas is trading at 3.135 down a couple of pips, as investor’s posture before tomorrow’s inventory release. Markets are expecting a fairly sizable reduction in...

By FXEmpire.com Analysis and Recommendations: The EUR/USD having gained 0.5% since yesterday’s close on a combination of renewed focus on potential Fed policy, a resurgence of the discussion on the potential for the ESM...

By FXEmpire.com Analysis and Recommendations: The GBP/USD is trading at 1.5488 after the release of GDP numbers for the 1/2 half of the year. Sterling is flat from yesterday’s close while underperforming on the crosses...

By FXEmpire.com Analysis and Recommendations: The USD/CAD has gained 0.4% and is a mid-performer at 1.0172. USDCAD failed to close above the 50-day MA of 1.0227 and has retraced most of yesterday’s rally. The shift has...

By FXEmpire.com Analysis and Recommendations: The EUR/GBP is trading at 0.7845 moving up 0.0067 as the pound dropped against its trading partners. After the release of disappointing GDP data, the pound could not hold against the...