Author: Irit Rutenberg

By FXEmpire.com Analysis and Recommendations: The USD/CAD is trading at 1.0197 against a very strong greenback. On the back of European induced risk aversion, CAD is weak in early US trading, having lost 0.3% since...

By FXEmpire.com Last week, US economic data came out mixed. This week is a make it break it week, leading to the end of the month and final numbers before the Fed Reserve makes a decision. It needs to be the turnaround month for...

By FXEmpire.com Nymex oil futures prices have slipped by more than 1.6 percent from last Friday’s closing and trading at $90.44/bbl during the Asian session. Oil prices declined from its nine week high on concern of...

By FXEmpire.com The Great British Pound On Friday, trading in the EUR/GBP cross rate developed according the script of the previous days. There were few economic data. The UK budget deficit was bigger than expected, but as was...

By FXEmpire.com Analysis and Recommendation: The USD/JPY is trading at 78.16 as markets try to overcome the news over the weekend that the Troika has cut off funding to Greece. The euro has plummeted against the USD trading at...

By FXEmpire.com Analysis and Recommendation: The AUD/USD is exchanging this morning at 1.0312 dipping a bit against a strong USD. The USD has gained momentum, as the Eurozone collapses. Over the weekend it was announced that the...

By FXEmpire.com Analysis and Recommendations: The EUR/JPY is trading at records lows, under the 95.00 price at this writing holding at 94.68. The euro has plummeted against the USD trading at 1.2113. The JPY remains the safe...

By FXEmpire.com Analysis and Recommendation: The NZD/USD is trading in the morning session at 0.7938 dipping 58pips as the US dollar gathers momentum on negative news from the EU. Over the weekend, the Troika announced that they...

By FXEmpire.com Asian markets are tumbling on this Monday morning, following the in the footsteps of Wall Street. Spanish debt has surfaced in the spotlight as investors drove the price of borrowing for Spain over the 7% bailout...