Author: Irit Rutenberg

By FX Empire.com USD/CHF rose on Monday, showing the move into the US dollar is still reigning supreme across the Forex world. With the Swiss National Bank working against the value of the Swiss Franc, the Dollar has become the...

By FX Empire.com The EUR/CHF pair continues to be “dead money” as the Swiss are willing to step in if the pair drops below the 1.20 mark. Monday saw the pair barely budge, and more of the same should be expected, unless the EU...

By FX Empire.com AUD/USD fell apart on Monday as traders sold off risk. The global markets were rocked again, and the Aussie paid for it. The Aussie is very sensitive to economic growth as it is based off of a lot of commodity...

By FX Empire.com USD/CAD shot up through the 1.05 level on Monday as traders continue to sell off riskier commodity currencies. The Canadian economy is heavily dependent on the US for exports, and as long as there is a measure...

By FX Empire.com NZD/USD continued its fall on Monday as the world’s markets sold off. The “risk off” trade is back in fashion, and the Kiwi will always pay when this is the case. The commodity markets in general got whacked on...

By FX Empire.com EUR/USD fell hard on Friday as the markets continue to punish the EU for not getting a solution to the debt crisis finalized quickly enough. The 1.3350 area below is the last stand for the EUR/USD uptrend, and...

By FX Empire.com USD/JPY rose on Friday as the markets around the world sold off. The USD/JPY is being lifted by the Bank of Japan, and as a result we haven’t been able to sell this pair for quite some time. The range between 76...

By FX Empire.com GBP/USD had a fairly neutral day on Friday as traders bought and sold the pound in various spurts during the day. The 1.55 area looks to be supportive, but the trend is down. We feel that eventually that area...

By FX Empire.com USD/CHF rose on Friday as the “safe haven” trade came back into vogue. The Franc is no longer a safe haven currency since the Swiss National Bank is working against the value of it, and the USD will by default...