Author: Irit Rutenberg

By FX Empire.com Mixed sentiments dominated global markets on Wednesday, where investors were optimistic EU leaders will announce strong measures at next week’s EU summit to ease the euro zone debt crisis, as a report in...

By FX Empire.com The EUR/CHF is back on the move and again on speculation that the nation might do more to weaken the franc. The pair moved higher after Switzerland’s main trades union organization called on the central...

By FX Empire.com The EUR/USD was supported on Wednesday with rumors that the EU is moving forward with plans to contain the crisis and the talk was about the EFSF expansion. The market reacted positively to a report from...

By FX Empire.com On Wednesday, the pair rose after the minutes of the BoE’s rate decision showed that the voting to keep interest rate at 0.50% and expanding the size of the Asset Purchase Facility by 75 billion pounds to...

By FX Empire.com New Zealand’s dollar extended the gains for the second day against the American dollar before European Union leaders hold a meeting on October 23 to discuss the comprehensive plan to contain the...

By FX Empire.com The USD/JPY pair still trading in a limited range after it failed to sustain the upside move. On the other hand, the Japanese yen retreated against other major currencies as some optimism returned to the market....

By FX Empire.com Broad markets rebounded today after confidence was boosted by a German-French agreement to expand the region’s rescue fund which fueled hopes that European leaders will be able to contain the...

By FX Empire.com The Australian dollar gained against the greenback as Britain’s Guardian reported that France and Germany reached a deal to bolster the EFSF to 2 trillion euro ($1.75 trillion) as a part of a comprehensive...

On Tuesday, the pair drafted lower after the release of higher-than-expected CPI figures which showed that U.K. inflation accelerated to 5.2% in September, for the first time since September 2008, from 4.5% in August, above...

On Tuesday, the U.S. dollar’s advance took the pair higher on concerns in markets that the European anti-debt crisis plan, that will be introduced on October 23, will not provide a complete fix to the two-year crisis,...