By FX Empire.com The NZD/USD pair traded in a range early Tuesday despite the US dollar’s slight decline against other major currencies, where the inflation expectations for the New Zealand economy fueled expectations that...
Read MoreBy FX Empire.com The AUD/USD pair witnessed some gains after more than three weeks of losses, where the greenback lost momentum against most of its major counterparts, opening the way for the Aussie to record more gains. The...
Read MoreBy FX Empire.com The USD/JPY pair gained early Tuesday as the credit ratings agencies confirmed the steady rating for the United States despite the impasse at the super committee, which increased risk appetite in the financial...
Read MoreBy FX Empire.com Light Sweet Crude The CL market fell on Monday, but bounced higher in the later hours to form a hammer at the $97.50 area. The market has been bullish as of late, and it looks like the bulls are starting to step...
Read MoreBy FX Empire.com Natural Gas markets rose on Monday as the supportive action continues in the $3.50 area. The area should continue to be somewhat supportive as it is a large round number, and the northeastern United States is...
Read MoreBy FX Empire.com Gold markets sold off hard on Monday as a rush to liquidity continued. The larger funds are having trouble with falling markets, and the gold trade gets sold off in a bid to raise cash when needed. The recent...
Read MoreBy FX Empire.com The USD/JPY pair rose during the session on Monday, showing signs of support just below the 77 level. The candle from Friday was a hammer, and shows just how well supported this area could be for the pair. The...
Read MoreBy FX Empire.com The USD/CHF pair had a very quiet day on Monday as the resistance in the 0.93 area shows just how hard the next leg up could be in this pair. However, as the USD is the last safety trade available to currency...
Read MoreBy FX Empire.com USD/CAD finally smashed through the 1.03 barrier as the risk trade got hammered on Monday. The barrier should turn into support at this point, and the pair should press ahead to retest the recent highs in the...
Read MoreBy FX Empire.com NZD/USD fell on the day Monday as traders sold off riskier assets around the globe. The situation in the EU still concerns the markets, and as long as it does – the Kiwi will be hard to own as the currency...
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