Author: Irit Rutenberg

By FX Empire.com New Zealand’s currency pared its losses as Asian stocks gained on speculation German lawmakers will approve a measure to expand a bailout fund for Europe’s debt-stricken nations. Nevertheless, New Zealand dollar...

By FX Empire.com Aussie fluctuated between losses and gains versus the American dollar amid the European debt concerns, while the market awaits more news to detail the next step by leaders to contain the crisis to help sustain...

By FX Empire.com The USD/JPY pair traded in a narrow range early Tuesday, as the risk appetite improved in FX market which helped the higher-yielding currencies to cover some of their previous losses, adding more pressure on the...

By FX Empire.com The Euro skyrocketed against the US Dollar during the Monday session as it was announced that the German and French leaders had agreed to decide something and come up with a plan for the debt crisis, and to...

By FX Empire.com USD/JPY continued to sit still on Monday as traders play “ping pong†with the 76 – 77 range. The Bank of Japan is currently working against appreciation of the Yen, and the USD/JPY pair is the main one...

By FX Empire.com The GBP/USD pair rose on Monday as traders piled into the “risk on” trade. The market finished the New York session at the top of its recent trading range, and is now at a crossroads of sorts. The...

By FX Empire.com The Swiss Franc appreciated quite strongly during the Monday session as traders sold off the Dollar against almost all currencies worldwide. The move might not have been so much a nod to the Franc, rather a snub...