Author: Irit Rutenberg

By FX Empire.com The EUR/CHF pair remained biased to the downside with the start of the week as the euro lost the gains versus the dollar and the BoJ intervention affected the market. We still see that investors are not ready to...

By FX Empire.com With the start of a new busy week on Monday the EUR/USD was biased to the downside after the strong rally seen last week. The euro lost grounds with the flow of downbeat data and the creeping skepticism over the...

By FX Empire.com The pair slipped after lackluster report from the U.K. showing that U.K. mortgage approvals fell in September to 51,000 from 52,300 a month earlier. Still, the outlook for the British economy is worrying; noting...

By FX Empire.com Losses are seen across the broad markets today, after the Japanese government intervened once again and sold the yen to weaken its currency which reached record highs, while some companies reported disappointing...

By FX Empire.com The market has grabbed investors’ attention after the Bank of Japan intervened into the FOREX market to sell the yen, in another effort to stem the Yen’s gains that recorded a fresh all time high...

By FX Empire.com The market has followed the BOJ’s intervention, which weakened after the Bank of Japan decided to enter the currency market to sell the yen over the rest currencies to stem the yen’s appreciation...

By FX Empire.com The USD/JPY pair soared to its highest level in 12 weeks, after the Bank of Japan intervened in the FX market for the third time this year, the move which came after the Japanese yen hit its highest level...

By FX Empire.com The NZD/USD pair exploded to the upside this past week. The pair marched directly to the 0.82 resistance level, and could see a bit of a pullback at this level. However, if we do, it should more than likely be a...

By FX Empire.com The EUR/USD pair had a negative day on Friday, after clocking in an outstandingly bullish day on Thursday. The rest isn’t surprising after that massive move, but the market has stopped at a former gap,...

By FX Empire.com The USD/JPY fell again on Friday as traders started to lose fear on a Bank of Japan intervention, according to the options markets. The idea that they wouldn’t be as interested in the value of the Yen is...