Author: Irit Rutenberg

By FXEmpire.com Analysis and Recommendations: The EUR/GBP continued to weaken falling to 0.7788. Even as the UK is about to re enter a recession and the pound is fairly week, the euro remains weaker. With problems in Greece...

By FXEmpire.com Analysis and Recommendations: The GBP/USD is trading at 1.5534 trading in a fairly tight range as investors are worried about Wednesday’s 2nd quarter GDP data. Economist surveyed all believe that the data...

By FXEmpire.com Analysis and Recommendations: Silver is trading at 27.010 down a few pips, as markets zigzag all day. Precious metals are holding close to yesterday’s level but global worries on growth and production have...

By FXEmpire.com Analysis and Recommendations: Crude Oil is trading at 88.30 as it seesaws between small gains and losses. Today market have been more focused on news flow then on fundamentals. With little good news, crude oil...

By FXEmpire.com Analysis and Recommendations: Gold has spent the day looking for direction moving between small gains and small losses. The health of the Euro zone economy elevated after reports that Spain was close to seeking a...

By FXEmpire.com Analysis and Recommendations: Natural Gas dipped a bit yesterday as investors took profits, but prices climbed once again today, trading at 3.122 adding 0.011. As extremely hot weather continues across the US and...

By FXEmpire.com Let’s take one last look at my favorite pair, before Wednesday’s death by recession. Tomorrow, UK GDP is expected to show that the UK is deep in a recession. Wednesday’s Q2 GDP release should...

By FXEmpire.com Gold futures are strongly respecting the intraday support of $1567 below which strong buying is being observed to protect it from a further fall. Nevertheless, the current week has events in store which may force...

By FXEmpire.com Analysis and Recommendation: The USD/JPY is trading this morning at 78.34, after; the government said the Japanese economy faced growing downside risks stemming from the European debt crisis, adding that it was...