Author: Irit Rutenberg

By FX Empire.com Pessimism persisted in global financial markets, as investors remained worried over the outlook of the European debt crisis, where yields on European bonds continued to rise despite the ECB effort to ease...

By FX Empire.com The EUR/CHF was trading within a tight range on Wednesday with high volatility and fluctuations though holding marginally above 1.23 areas. The pair lacks the major momentum to move where the euro softness is...

By FX Empire.com The EUR/USD continued the choppy trading on Wednesday with the clear mixed sentiment, cautious trading and prevailing fear over the outlook for the area with the risk of the crisis spreading and deepening. The...

By FX Empire.com The pair fell for the third day amid tensions from the euro area and worse than expected data from the U.K. Worries are still persisting from the euro area, especially after the European Commission President...

By FX Empire.com The pair advanced for the third day as risk aversion in markets boosted demand on the dollar as a safe haven amid speculations the Swiss National Bank may intervene to halt the franc’s appreciation. The...

By FX Empire.com Losses were seen across the broad markets in the morning as sentiment continues to be fragile due to the uncertainties that still persist in Europe after the Italian bond yields climbed again above 7%. As...

By FX Empire.com The NZD/USD pair dropped to its lowest level in six weeks, as risk aversion pushed investors to abandon higher-yielding currencies which pushed the Kiwi to the downside. The US dollar gained against most of its...

By FX Empire.com The AUD/USD pair dropped for the third consecutive day after the greenback soared to its highest level in five weeks against the euro, where risk aversion returned to control the financial market. The Australian...