By FX Empire.com The USD/CHF pair had a back and forth session on Wednesday essentially ending the session at unchanged. The pair has been grinding higher lately as a run to the Dollar continues. The Swiss National Bank is...
Read MoreBy FX Empire.com The EUR/CHF pair has sat still again on Wednesday as the market is essentially frozen. The pair is being supported by the Swiss National Bank and now has a “floor” of 1.20 as stated by the SNB. With...
Read MoreBy FX Empire.com The AUD/USD pair fell again on Wednesday as traders sell off risky assets. The pair is presently supported at the parity level, and that will be the key to our next trade in this pair. At present levels, we have...
Read MoreBy FX Empire.com The USD/CAD pair had a wild day during the Wednesday session as various factors continue to push and pull at it. The oil markets broke well above the $100 level, which is very bullish for the Canadian dollar....
Read MoreBy FX Empire.com NZD/USD fell again on Wednesday as traders continue to shrug off risk assets, of which the Kiwi is very much tied to. The pair seems like it is making a beeline to the 0.75 level, and could see it in short...
Read MoreBy FX Empire.com Light Sweet Crude The CL contract broke out during the Wednesday session as traders continue to plow into the oil trade. The inventory drawdown number was better than expected, so this continues to press for the...
Read MoreBy FX Empire.com Natural gas continued to fall on Wednesday as the trend press on. The downward momentum in this market is momentous at this point as well. The $3.50 gave way a few days ago, and as such we entered into a new...
Read MoreBy FX Empire.com Gold markets fell slightly on Wednesday as traders continue to mull the various issues coming out of the EU. The gold markets are decidedly in an uptrend at the moment, and have been for over 10 years. Because...
Read MoreBy FX Empire.com The USD/CAD pair extended its gains on Wednesday, as fears persisted around global markets over the outlook of the European debt crisis, as yields on European bonds continued to rise, despite the ECB effort to...
Read MoreBy FX Empire.com Crude oil prices extended the gains on Wednesday, rising over $100 a barrel and reaching the highest level since June, where rising industrial production in the United States helped in pausing crude oil prices...
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