By FX Empire.com Natural gas was little changed on Thursday with the absence of U.S. markets with very low trading volumes. U.S. and Canadian markets were out on Thursday for Thanksgiving holiday and that deprived natural gas of...
Read MoreBy FX Empire.com Gold recovered after the losses seen on the back of a weak dollar and recovery across the board which extended with the absence of U.S. markets for Thanksgiving holiday. Steady German GDP and better than...
Read MoreBy FX Empire.com Volume is lighter today since the US and Canada will be absent celebrating Thanksgiving Day. This opened the way for some correctional movements after the sharp losses witnessed a day earlier. The pessimism...
Read MoreBy FX Empire.com EUR/GBP fell hard during the Wednesday session as we pointed out it could on Tuesday. The Germans had a poor bond auction, propelling this pair lower as a result. The 0.86 level as slowed down the descent, and...
Read MoreBy FX Empire.com The NZD/USD pair advanced early Thursday from its lowest level in eight months, as the greenback lost momentum against other major currencies which opened the way for the Kiwi to cover some of its previous...
Read MoreBy FX Empire.com The AUD/USD pair advanced slightly early Thursday trying to cover some of its previous losses against the greenback, where the Aussie reached to its lowest level in seven weeks the day before. The Aussie...
Read MoreBy FX Empire.com The USD/JPY pair dropped early Thursday amid risk aversion, which is still dominant in the FX market increasing demand for the Japanese yen as a haven, while the US dollar retreated against the dollar after its...
Read MoreBy FX Empire.com Light Sweet Crude The CL contract fell during the Wednesday session as the economic outlook is starting to dim in both the EU and China as well. The markets were fairly illiquid during the session, so analysis...
Read MoreBy FX Empire.com natural gas markets got a lift on Wednesday as the drawdown report was actually slightly better than expected. However, the trend is decidedly bearish, and we have been waiting for a bounce. Part of it could be...
Read MoreBy FX Empire.com The gold markets hardly moved during the Wednesday session as traders are gearing up for the extended Thanksgiving holiday in America. The markets are at a support area, so we are keen to buy at this point, and...
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