Author: Irit Rutenberg

By FX Empire.com The USD/JPY pair was little changed early Wednesday, even after the Bank of Japan kept the overnight rate steady between 0.0% and 0.10%. The BOJ also kept the Asset-Purchase Fund unchanged at 20 trillion yen and...

By FX Empire.com The USD/CAD spiked during the session on Tuesday as traders bought into the safety trade. At the same time, the oil markets recovered to build up an attempt at the $100 mark, which is very supportive for the CAD...

By FX Empire.com NZD/USD fell during the session on Tuesday as the “risk off” trade came back. The pair has been grinding lower as of late, and looks like it should continue. A bounce wouldn’t be much of a...

By FX Empire.com EUR/USD fell hard on the Tuesday session as worries about Italian debts continues. The 10 year Italian bond has closed above the 7% level, an area that many people consider “unsustainable”. This...

By FX Empire.com USD/JPY initially spiked during the Asian session on Tuesday, only to spend the rest of the day falling. The downtrend remains intact as usual, and the selling should continue. However, we are getting to retrace...

By FX Empire.com The GBP/USD pair fell hard on the Tuesday session as traders continue to sell off the Pound and run to the safety of the US dollar. The pair also broke the bottom of two weekly hammers during the session, and...

By FX Empire.com USD/CHF rose during the Tuesday session as the “risk off” trade continued to push traders towards the US dollar. The pair is supported by the Swiss National Bank as the central bank is working to...

By FX Empire.com EUR/CHF continues to grind sideways as the rest of the markets are volatile. The Euro has held up in this pair mainly because of the interference of the Swiss National Bank. If it weren’t involved in the...

By FX Empire.com The AUD/USD pair fell on Tuesday, but bounced at the end of the session to form a hammer. The bullish candle looks as if it is reiterating the support at the 1.01 level. The pair has been grinding lower over...