Author: Irit Rutenberg

By FX Empire.com The New Zealand currency, nicknamed the Kiwi, declined against the American counterpart as stocks in Asia declined and the sentiment continued to be weak on prevailing debt and growth woes. The commodities...

By FX Empire.com The Australian dollar swings between gains and losses amid the rising European debt fears, where Aussie recovered slightly on news of a coalition government in Greece that will finalize the agreement on the...

By FX Empire.com The USD/JPY pair traded in a very narrow range early Monday near its highest level in three months, where traders are still testing the current market sentiment and confidence to determine the next move for the...

By FX Empire.com EUR/USD fell during the Friday session, but closed the day on a positive note as traders covered shorts in this pair. The Greeks are voting on the confidence in their Prime Minister, and now the Italians are...

By FX Empire.com The USD/JPY pair rose a bit during a very volatile session on Friday. However, the decided direction of this pair is down, and nobody expects that to change. A couple of failed interventions are all that the...

By FX Empire.com GBP/USD fell on Friday, but managed to pop back above the 1.60 support level again. The later ours saw the surge, and this appears as a sign that the pair wants to jump above. The area of 1.60 certainly is a...

By FX Empire.com USD/CHF rose during the Friday session as traders continued the bearish tone of the markets late in the week. The pair used to fall in a “risk off” environment, but that was before the Swiss National...

By FX Empire.com The EUR/CHF pair actually rose on Friday for the first time in several sessions. The pair was getting closer to the 1.20 “floor” in the market, so a bounce had to have been coming before too long....

By FX Empire.com AUD/USD had an initially weak session on Friday, but bounced in later hours as the Americans went hunting for values. The pair looks like it is finding support in the form of 1.03, and as such could make another...

By FX Empire.com USD/CAD bounced on Friday as traders got rid of the “risk on” trade in droves. The bounce went straight to the 1.02 resistance level, and it looks like we could see consolidation at this point. The...