Author: Irit Rutenberg

By FX Empire.com Markets were able to restore some confidence on Thursday, following fresh developments in the Euro Zone along with new updates over the U.S economy this morning, after Lucas Papademos was named to be interim...

By FX Empire.com The EUR/CHF fluctuated heavily on Thursday after the selloff on Wednesday that sent the euro strongly lower. The pair continues to trade with volatility with the focus on the euro area and the debt crisis yet...

By FX Empire.com The EUR/USD saw enjoyed some relief gains on Thursday with investors eyeing some political relief in debt-laden nations and steps taken to shelter the nations from falling deeper in the crisis, and especially...

By FX Empire.com The pair showed an incline on Thursday trading on hopes Greece and Italy are close to achieving political stability which spurred demand on the pound as a high-yield currency. After Prime Minister Silvio...

By FX Empire.com The pair showed a decline on Thursday trading as hopes Greece and Italy are close to achieving political stability damped haven demand on the dollar. After Prime Minister Silvio Berlusconi offered to step down...

By FX Empire.com The USD/JPY pair traded in a narrow range early Thursday despite the strong performance of the dollar against the euro and other major currencies. The Japanese yen also recorded gains against most of its major...

By FX Empire.com The NZD/USD pair fell to its lowest level in four weeks after the greenback recorded gains against other majors. The current market sentiment is still pessimistic and demand is focused on lower-yielding...

By FX Empire.com World stocks dropped today and top-rated government bonds rallied as Italy’s crisis deepens, spurring fears of a euro zone break-up. The pessimism from Europe overshadowed the improvement seen in the...

By FX Empire.com The AUD/USD pair continued to move to the downside early Thursday after it dropped to its lowest level in four weeks, as the greenback soared against other major currencies after woes increased that the debt...

By FX Empire.com NZD/USD fell hard during the Wednesday session as commodities and risk-related assets all sold off during the day. The Kiwi is particularly sensitive to the attitudes of the market, and as long as there are...