Author: Irit Rutenberg

By FX Empire.com The pair continued to fluctuate within the same range where the franc had the upper hand and drove the pair to the downside despite the euro’s strength. The franc’s appreciation against the dollar and other...

By FX Empire.com The EUR/USD continues to trade positive and was supported on Wednesday with the upbeat news and continued support and progress to end the debt crisis. The Slovak setback did not hold the gains much for the euro...

By FX Empire.comOn Wednesday, the GBP/USD rose after the improvement in the sentiment which prompted investors to buy high-yielding currencies at the expense of refuges. European Commission President Jose Barroso will unveil...

By FX Empire.com The USD/JPY pair dropped early Wednesday even after Japan announced a better than forecasted numbers regarding Machine Orders for August, as the dollar weakness prevent the pair from recording any gains. Machine...

By FX Empire.com The New Zealand’s currency (the Kiwi) fell as Asian stocks extended a global slump, while the demand for New Zealand currency was also curbed as a faltering U.S. recovery and Europe’s debt crisis prompted...

By FX Empire.com The market continues to fluctuate heavily, where the Australian dollar extended the rally on hopes that the EU is moving forward and will be able to contain the debt crisis. Australian currency declined against...

By FX Empire.com Although investors were disappointed by Slovakia’s decision to reject the enhancement of the European bailout, gains are seen across the currency and commodity markets after a statement from the European Union,...