Author: Irit Rutenberg

By FX Empire.com The NZD/USD pair continued to trend south amid the heightened uncertainty in Europe and worsening Italian stance as yields surged and assured the deepening crisis and spreading contagion amid the political...

By FX Empire.com The AUD/USD pair traded in a narrow range early Wednesday, nevertheless the worsening outlook in Europe soon sent the pair violently to the downside. The Westpac Consumer Confidence in Australia advanced to 6.3...

By FX Empire.com Although risk appetite seamed relatively stable this morning, broad markets fell considerably as the European debt crisis continues to dominate the global scene amid the lack of major economic fundamentals....

By FX Empire.com The EUR/USD pair rose on hopes the EU is getting closer to a solution as the Italian PM has promised to resign. However, at the same time Italian bonds are spiking to the highest levels since joining the EU. The...

By FX Empire.com The USD/JPY pair fell during the session on Tuesday as traders shorted the Dollar against most major currencies. The pair is being supported by the Bank of Japan via intervention, so the move down will more than...

By FX Empire.com The GBP/USD pair rose during the session on Tuesday as the Dollar was sold off against most of the major currencies. The pair still remains above 1.60 which is very bullish, but formed a shooting star candle...

By FX Empire.com USD/CHF tested the 0.9000 level on Tuesday, but found sellers at that area. The pair has been pushed around quite a bit by conflicting comments out of Swiss National Bank officials over the last 24 hours, so it...

By FX Empire.com The EUR/CHF pair had a range bound session on Tuesday as traders continue to wrestle with the EU problems and the intensity of the Swiss Central Bank and its intervention intentions. The 1.20 area is a...

By FX Empire.com AUD/USD fell again on the session for Tuesday, but bounced again in order to form a hammer at the end of the day. The pair looks like it is trying to find real support at the 1.03 level, but the 1.05 area is...

By FX Empire.com USD/CAD had a bearish day during the Tuesday as the oil markets rose. The CAD is highly sensitive to the price of oil, and as such will rise when the markets in crude rise. The pair fell as traders continue to...