By FX Empire.com Optimism spread through European and U.S. markets on Friday after strong retail sales figures from the United States boosted confidence in markets. Moreover, strong earnings from U.S. companies including Google...
Read MoreBy FX Empire.com After S&P decision to cut Spain’s credit rating by one level to AA- from AA, and Fitch downgraded three European banks UBS AG, Lloyds Banking Group Plc and Royal Bank of Scotland Group Plc and placed...
Read MoreOn Wednesday, the GBP/USD dropped as investors resorted to the dollar as a refuge after a Chinese report which showed that exports grew by the weakest pace in seven months, which raised concerns the sluggish global growth pace...
Read MoreOn Thursday, the USD/CHF advanced as investors resorted to the dollar as a refuge after a Chinese report which showed that exports grew by the weakest pace in seven months, which raised concerns the sluggish global growth pace...
Read MoreBy FX Empire.com Light Sweet Crude The CL contract had a negative day for the Thursday session as traders took profits after a large move upwards. The market did bounce a bit towards the end of the session though, and this shows...
Read MoreBy FX Empire.com The natural gas market rallied on Thursday, despite the fact that the inventory numbers came out much larger than expected. The market is still very bearish, but the pop could continue to rise from the $3.50...
Read MoreBy FX Empire.com Gold markets had a soft day for the session on Thursday as traders continue to go back and forth in this market. The Dollar was bid on Thursday, and this can sometimes push the value of gold down. The action was...
Read MoreBy FX Empire.com The USD/JPY pair fell from the higher end of its consolidation on Thursday. The pair looks like it is ready to continue the range bound trading, and this latest moves solidifies that appearance. The pair is...
Read MoreBy FX Empire.com The USD/CHF pair rose during most of the session on Thursday, only to fall back down. The result is a shooting star at the bottom of a recent fall. The candle could be a launching point for further weakness in...
Read MoreBy FX Empire.com The USD/CAD pair rose during most of the day on Thursday, only to fall late in the session. The result is a shooting star at the bottom of a recent down move. The candle could be the start of further weakness in...
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