Author: Irit Rutenberg

By FX Empire.com The EUR/USD is likely to begin the week on Monday with high volatility, especially as we still await the outcome of the EU summit on Sunday October 23. The uncertainty is high and the market is still optimistic...

By FX Empire.com The AUD/USD pair retreated last week due to lack confidence in the financial market and risk aversion which returned to control the FX market, driving higher-yielding currencies down such as the Australian...

By FX Empire.com Optimism spread across U.S. and European markets on Friday amid hopes EU leaders will be able to reach a plan to ease the European debt crisis at next week’s EU summit, while strong earnings from U.S....

By FX Empire.com As investors await the EU summit set for Oct. 23rd and will be continued on Oct. 26th, sentiment is mixed, and caution prevails, as European leaders are struggling to reach a deal to ease the debt crisis. Some...

On Thursday, the pair fell amid cautions in markets that the European summit on October 23 may be delayed which damped demand on high-yielding currencies. The jittery situation remained in markets amid rising speculations there...

By FX Empire.com The USD/JPY pair continues to hover around the 77 handle during the Thursday session, and looks very likely to on Friday as well. The range it has been stuck in between 76 and 77.50 looks likely to hold as the...