Author: Irit Rutenberg

By FX Empire.com The USD/JPY hasn’t moved much over the last three sessions as the Bank of Japan has recently intervened. However, these unilateral interventions tend to fail, and we feel that a slow grind south is the...

By FX Empire.com The USD/CHF pair fell during the Thursday session, as the USD got sold off against the Euro. The Greeks have called off their referendum, and as such – the market treats the news as good news, but with the...

By FX Empire.com The USD/CAD pair fell on Thursday as oil managed to climb by the end of the session. The parity level still holds as support, and the market couldn’t break through. This area is where we need to see either...

By FX Empire.com The NZD/USD pair had a strong day as the “risk on” trade was back in vogue for the previous 24 hours. This pair is absolutely subservient to the whims of this sentiment, and as such – it has...

By FX Empire.com GBP/USD moved higher and above the 1.60 level during the Thursday session as the risk trade came back on. The Greeks have dropped their referendum ideas, and this was accepted as a good sign. However, the pair...

By FX Empire.com Even with an interest rate cut, the EUR/USD managed to rise at the end of the session. With the Greeks and their teenage-like drama unfolding, the markets are being held hostage by a completely dysfunctional...

By FX Empire.com The EUR/CHF pair again managed to drift lower on a volatile session overall on Thursday. The pair isn’t very tradable at the moment, as the Swiss National Bank is currently defending a “floor”...

By FX Empire.com AUD/USD had a strong day on Thursday as traders celebrated the cancelling of the Greek referendum. The risk trade came back, and as always – the Aussie benefits. The 1.05 level above is still a massive...