Author: Irit Rutenberg

By FX Empire.com The USD/CAD pair rebounded to the downside on Wednesday, as the U.S. dollar fell against major currencies after the ADP employment change report showed the U.S. private sector added 110,000 jobs in October,...

By FX Empire.com Optimism continued to dominate markets on Wednesday after the ADP employment change report showed U.S. private employers added 110,000 jobs in October, above median estimates of 100,000 added jobs, and compared...

By FX Empire.com The EUR/USD fluctuated heavily on Wednesday with upside tendencies as the correctional move continued after the heavy selloff seen since the start of the week. Investors saw that the EU leaders are likely to...

By FX Empire.com Investors are eyeing the developments from Europe with caution since Greece is planning to hold a referendum on the latest bailout plan and the austerity measures which could threaten Europe’s rescue...

By FX Empire.com The New Zealand’s dollar, nicknamed Kiwi weakened against most of its 16 major peers as declines in commodity prices and Asian stocks damped demand for riskier assets. Nevertheless, we saw some correction...

By FX Empire.com The Australian dollar remained under pressure on Wednesday yet started to correct the strong bearishness seen with the start of the week. Aussie had reached to the lowest level in more than six days versus the...

By FX Empire.com The USD/JPY pair dropped early Wednesday but still trading within the range near its highest level in three months. The weak dollar and the uncertainty in the financial market increased demand for the yen, in...

The pair slipped sharply despite the release of better-than-estimated growth figures amid concerns the British economy may relapse into another recession. Still, the outlook for the British economy is worrying; noting that the...