Author: Irit Rutenberg

By FX Empire.com The USD/JPY pair rose during the Wednesday session as the run towards the US dollar continues. The pair is backed by the Bank of Japan and its intervention to weaken the Yen. The move was fairly impressive, but...

By FX Empire.com USD/CHF rose again during the Wednesday session as the world continues to buy Dollars. The pair looks ready to rise and break out above the recent highs and with the Swiss National Bank actively working against...

By FX Empire.com The USD/CAD pair rose rapidly on the Wednesday session as the “risk off” trade continues. The breaking of the 1.03 level that we mentioned a few days ago signaled the next leg up in this pair, and...

By FX Empire.com NZD/USD fell hard on Wednesday as traders are running from the riskier assets around the world. The Kiwi will continue to get pummeled in a “risk off” environment as it is highly correlated to...

By FX Empire.com GBP/USD finally found the 1.55 mark on Wednesday that we have been calling for recently. The level marks the start of a massive support band down to the 1.53 level. Because of this, we aren’t keen on...

By FX Empire.com The EUR/USD pair fell hard on Wednesday as traders reacted to a poor German bond auction. The pressure being put on Germany is a much larger deal than some of the other countries, and this move into German...

By FX Empire.com EUR/CHF fell on Wednesday as traders continue to dump the Euro. The German 10-year bond sale in the European morning was weak, and this started a rout for the Euro in general during the session. The pair is...

By FX Empire.com The AUD/USD pair fell apart on Wednesday as traders are decidedly dumping the riskier assets in the markets. The Aussie is highly sensitive to global risk appetite, and as such should continue to fall. We...