Author: Irit Rutenberg

By FX Empire.com Global financial markets are still trading in a Eurocentric mode. The volatility extended on Thursday with the prevailing jitters over the outlook for the euro stability with the tension over Papademos and...

By FX Empire.com The pair managed to rebound on Thursday after three days of decline after the release of better-than-expected U.K. retail sales report and U.S. reports which enhanced demand on high-yielding currencies. Retail...

By FX Empire.com The pair showed a slight decline on Thursday trading after the release of upbeatU.S.reports which prompted investors to damp the dollar as a safe haven. Data from the U.S. showed improvement as housing starts...

By FX Empire.com As traders are eyeing bond sales in France and Spain and the outlook for Europe and other major economies continues to be uncertain, caution is persisting and markets are moving in tight rages around the opening...

By FX Empire.com EUR/USD finally broke below the 1.35 level on Wednesday as traders continue to worry about the debt crisis which seems to be getting worse each day in Europe. The Italian 10 year bonds started to fall in yield...

By FX Empire.com The USD/JPY pair fell slightly during the session on Wednesday, but only slightly so. The Bank of Japan is still supporting this pair, and as long as they do – the selloff will be slow. The pair cannot be...

By FX Empire.com The GBP/USD pair has fallen again on Wednesday as the Bank of England reiterated fears of a weak economy, and the EU situation affecting the UK. Europe is good for 30% of the United Kingdom’s exports, and...