Author: Irit Rutenberg

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

By FX Empire.com The AUD/USD continued to trend to the downside even after the release of the November RBA Minutes which was less dovish than expected but the Aussie continued its downside movement against the greenback on risk...

By FX Empire.com The NZD/USD pair fell to its lowest level in five weeks as Kiwi lost momentum after risk aversion reduced demand for the higher-yielding currencies. Asian stocks declined which opened the way for more losses for...

By FX Empire.com The USD/JPY pair fluctuated early Tuesday as it soared to the upside due to some rumours that the BOJ may intervene in the FX market once again, but soon the pair returned to its downside movement. The Japanese...

By FX Empire.com Despite the new governments in Italy and Greece, the rising uncertainties over the debt crisis are intensifying concerns over the outlook of the European economy, weighing down on risk appetite. As yields on...

By FX Empire.com The USD/JPY fell during the session on Monday, but managed a bounce late in the session to form a hammer at the 77 handle. Because of this, it looks like it may want to bounce, and a break of the highs from...

By FX Empire.com USD/CHF rose during the Monday session as the world bought the US Dollar in general to avoid risk. The situation in Europe is still far from resolved, and the Franc is being worked against by the Swiss National...

By FX Empire.com The EUR/CHF pair fell slightly during the session on Monday as the Euro got sold off in general. The pair has a floor underneath it as the Swiss National Bank is working against the strength of the Franc. The...

By FX Empire.com The NZD/USD pair fell during the session on Monday as traders continue to sell off risk. The Kiwi will be especially sensitive to headline risks, and with so much going on around the world that are making the...

By FX Empire.com EUR/USD fell on Monday as traders continue to sell off the Euro in general. The EU has massive and well-known debt issues, and the Italian bond auction for the 5 year note went poorly for the session. As a...