Author: Irit Rutenberg

By FX Empire.com The EUR/USD pair fell hard again during the Tuesday session as contagion fear continues to grip the markets when it comes to dealing with the Euro. The Greek Prime Minister also has mentioned that there is going...

By FX Empire.com After intervention on Monday, the USD/JPY pair attempted a rise on Tuesday, but formed a shooting star at the end of the day. The Bank of Japan acted unilaterally, which is normally a recipe for failure, so we...

By FX Empire.com GBP/USD fell hard on Tuesday as traders sold off risk in general and even broke through the bottom of the hammer from Monday. The 1.60 level gave way, and this is a bearish move in our opinion. The 1.59 level...

By FX Empire.com USD/CHF rose during the Tuesday session, slamming into the 0.9000 level as the world looked for safety in the global markets. The Swiss Franc can no longer be bought for safety as the Swiss National Bank is...

By FX Empire.com The EUR/CHF pair continues to sit fairly still, but drift lower as the Euro becomes less and less trusted. The Swiss have vowed to put in a “floor” in this pair at 1.20 or so, and as such, the pair...

By FX Empire.com AUD/USD fell hard during the Tuesday session as traders both sold off risk assets and came to grips with the interest rate cut that the RBA did during the session. The Reserve Bank of Australia mentioned that...

By FX Empire.com The USD/CAD pair shot straight through the parity level on Tuesday as traders continued to embrace the “risk off” trade. The pair is highly sensitive to the risk parameters of global trading, and as...

By FX Empire.com The NZD/USD pair fell hard on the Tuesday session as traders continue to sell off risk-related assets globally. The Kiwi will be highly sensitive to commodity markets, and as they sell off – so will it....