Author: Irit Rutenberg

By FX Empire.com The Australian dollar has extended its downside movement versus its major counterpart after the Australian economy reported that its consumer price index eased in October, supporting the RBA is to keep the rates...

On Tuesday, the pair fluctuated amid hopes and fears before the European second summit on Wednesday. Some believes that European leaders are coming closer to launching a comprehensive plan on Wednesday while others see that...

On Tuesday, the USD/CHF pair fluctuated amid hopes and fears before the European second summit on Wednesday. Some believes that European leaders are coming closer to launching a comprehensive plan on Wednesday while others see...

By FX Empire.com The EUR/USD pair found itself in a range during the Tuesday session, but ultimately ended up being slightly negative. The upcoming summit today in the EU should continue to drive the pair and its future...

By FX Empire.com USD/JPY fell on Tuesday, but bounced later in the session to form a hammer for the day. The Bank of Japan has been jawboning this pair quite a bit over the last couple of days, and many think an intervention is...

By FX Empire.com GBP/USD had a wide range during the Tuesday session, and ended up printing a doji for the day. The candle is right at the 1.60 level, and the 61.8% Fibonacci retrace as well. The area looks like a great spot to...

By FX Empire.com The USD/CHF pair has fallen again on Tuesday. The pair continues to drift lower, as traders are starting to test the will of the Swiss National Bank. The SNB is trying to keep the Franc weaker, and as such...

By FX Empire.com EUR/CHF fell on Tuesday, showing just how weak the Euro could possibly be under all of the noise in the EUR/USD pair. The fact that the Swiss National Bank is willing to buy this pair just 200 pips below, and...

By FX Empire.com AUD/USD fell during the Tuesday session after trying to break through the 1.05 level. The area is significant resistance, and showed it during the session. With the issues in Europe taking the headlines, this...

By FX Empire.com The USD/CAD pair bounced hard from the parity level on Tuesday, an area that we have mentioned several times over the last week or two. The area offered support, and was urged on by the Bank of Canada not only...