Author: Irit Rutenberg

By FX Empire.com Gold prices were slightly lower on Friday after rising sharply on Thursday amid rising optimism in markets after EU leaders announced plans to ease the euro zone debt crisis and support Greece, however, traders...

By FX Empire.com The USD/CAD pair rebounded to the upside on Friday, where some analysts were skeptic whether the EU debt deal would be able to contain the euro zone debt crisis, in addition to the mixed income report from the...

By FX Empire.com Crude oil prices fell back on Friday, as traders were skeptic over the EU debt deal amid the lack of details provided by EU leaders, where traders are waiting for EU leaders to finalize the deal. Moreover, the...

By FX Empire.com Natural gas prices gained on Friday after weather forecasts signaled colder-than-average temperatures that could result in snow to the Northeast would boost demand for natural gas as a heating fuel, which...

By FX Empire.com The EUR/CHF starts a new week on Monday with little market focus on the pair as it still lacks major momentum and even with the heavy volatility and the euro rally seen last week the pair ended the week nearly...

By FX Empire.com The EUR/USD ended last week with strong gains as the euro rallied following the announced plan to contain the debt crisis and the dollar slumped with the improved risk appetite. The sentiment is starting to...

By FX Empire.com As of 08:30 GMT, UK mortgage approvals will retreat to 50.5 thousands in Sep. from 52.4 thousands in Aug., according to median estimates, where the U.S. will release Chicago Purchasing Manager at 13:45 GMT which...

By FX Empire.com The week starts with the release of no data from the Swiss economy, where the U.S. will release Chicago Purchasing Manager at 13:45 GMT which is predicted to retreat to 59.0 in October form 60.4 a month earlier....

By FX Empire.com The USD/JPY pair dropped last week reaching its post-war level, as the weak dollar and the uncertainty regarding the financial market kept the yen high against the greenback, despite its decline against other...

By FX Empire.com The NZD/USD pair advanced last week to trade near its highest level in six weeks, as the risk appetite droved investors to increase demand for higher-yielding currencies such as the Kiwi. The New Zealand dollar...