Author: Irit Rutenberg

By FX Empire.com GBP/USD fell precipitously on Monday, just as expected. The Bank of England should be talking about more quantitative easing later this week, and as a result the cable pair has fallen. Add to that the fact that...

By FX Empire.com The EUR/USD pair fell during the session on Monday again, only to bounce again. The 1.35 area seems to be attracting massive buying and the pair simply will not stay under the 1.35 level for long. Because of...

By FX Empire.com EUR/CHF fell slightly during the Monday session as the Euro got hit against many of the world’s currencies. The pair is supported by the Swiss National Bank and its “floor” at the 1.20 level....

By FX Empire.com AUD/USD fell hard on Monday as traders continued to sell of the risk trade. The Aussie will always be sensitive to sentiment, and sentiment is poor at best lately. With this in mind, we sell rallies, and have no...

By FX Empire.com The USD/CAD pair rallied to the upside on Monday, where the U.S. dollar gained strong momentum against major currencies on mounting concerns over the fiscal health of the United States after the...

By FX Empire.com Another wave of pessimism spread through global financial markets, where the trigger this time was doubts that U.S. lawmakers will be able to reach a deal to cut the budget deficit, as the so called...

By FX Empire.com The GBP/USD started the week on Monday under evident downside pressure, especially as the lack of major fundamentals fueled the focus on ongoing debt developments in Europe and the U.S. which supported risk...