Author: Irit Rutenberg

By FX Empire.com The USD/CAD pair rebounded to the upside on Wednesday, as investors are focused on Italy and Greece, where the political instability in both nations is in fact stalling the reform which is forcing the nation to...

By FX Empire.com The deepening and unsolved situation in the euro area continue to spur pessimism around the financial markets on Wednesday, adding more jitters to the global economy especially amid the growing political turmoil...

By FX Empire.com The EUR/USD was pressured heavily to the downside on Wednesday amid a broad wave of risk aversion on the worsening crisis in the euro area and political uncertainty in Italy and Greece. Investors are jittery and...

By FX Empire.com The EUR/CHF turned strongly lower on Wednesday despite comments from the SNB on readiness to act and worrying CPI figures that increased threats of deflations. Markets are still frantic about the worsening...

By FX Empire.com The pair showed decline on Wednesday trading as fears spreading in markets on uncertainty in the euro area and lack luster U.K. data damped demand on high-yielding and risky assets. Still, the main focus is on...

By FX Empire.com The pair advanced on Wednesday trading as haven demand amid the uncertainty in the euro area boosted the dollar. Still, the main focus is on the latest developments from the euro zone debt-laden economies, where...

By FX Empire.com The USD/JPY pair dropped early Wednesday to reach its lowest level in seven days, as fears of another intervention from the Bank of Japan waned and drove the yen to record gains against other major currencies...