By FX Empire.com The AUD/USD pair ended last week with gains to reach its highest level in seven weeks, as greenback traded lower against most of major counterparts last week to give Aussie the chance to record more gains...
Read MoreBy FX Empire.com The sentiment was somewhat changed in markets on Friday, as investors were skeptic as to whether the EU debt deal would actually work amid the lack of details, while a mixed income report from the United States...
Read MoreBy FX Empire.com Although investors continue to be optimistic since Europe agreed to adopt a plan that would eradicate the debt crisis and bring stability in the financial system, correctional movements are generating some...
Read MoreOn Thursday, the USD/CHF pair continued its drop after showing a slight rebound on Wednesday as the sentiment was bolstered by the European debt-relief accord and upbeatU.S.data which damped demand on the dollar as a favorite...
Read MoreBy FX Empire.com Light Sweet Crude CL exploded to the upside on Thursday as euphoria overcame the market in response to the EU bailout agreement. As the US dollar got sold off, commodities gained overall during the session. The...
Read MoreBy FX Empire.com Natural gas markets had a wild swing in both directions during the Thursday session as it was reported that there was a larger build in the inventory numbers in America than previously expected. The market...
Read MoreBy FX Empire.com The gold markets rocketed again on Thursday as traders continued to buy into the “risk on” trade now that the EU has come out with at least the start of some kind of plan now. The concerns of course...
Read MoreBy FX Empire.com The USD/JPY had another down day on Thursday, but bounced yet again around the 75.50 area. The pair looks like it is trying to base at this area. The pair looks like it is trying as hard as possible to stay in...
Read MoreBy FX Empire.com The USD/CHF pair fell hard on Thursday as the USD was sold off against almost all other currencies around the world. This was in response to the EU finally releasing the bailout plan that has been long awaited....
Read MoreBy FX Empire.com The USD/CAD sliced right through the parity level on Thursday as the EU finally came out with a bailout plan. The commodities markets took off as the US dollar was sold off against everything. The oil markets...
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