Author: Irit Rutenberg

By FX Empire.com USD/JPY fell during the early part of the Wednesday session, but rebounded in the later hours as the Fed had an announcement that quite frankly – wasn’t all that optimistic. The pair also had a...

By FX Empire.com GBP/USD fell hard once the Fed announced a weaker than expected outlook for the economy on Wednesday. The Bank of England is expected to move towards easing, and with the Fed not bothering to step into the...

By FX Empire.com The USD/CHF pair rose on Wednesday as traders continue to buy the USD as a safe haven trade. With the Swiss National Bank actively jawboning and working against the Franc, this makes sense as the Dollar truly is...

By FX Empire.com The EUR/CHF pair rose on Wednesday, and then fell later as the Euro in general took losses after the Federal Reserve’s disappointing statement. The pair has a floor in it at 1.20, but the pair looks likely...

By FX Empire.com The AUD/USD pair fell hard on Wednesday as the Fed’s underwhelming assessment of the global economy spooked the markets. With the Aussie being so sensitive to market sentiment and global risk taking...

By FX Empire.com The USD/CAD pair rose above the parity level and even above our 1.0050 resistance level on Wednesday. The pair now looks like it wants to continue the march north, and as long as the global outlook remains weak,...

By FX Empire.com The NZD/USD pair fell hard as the markets were rocked by the Federal Reserve’s lack of easing or “shock and awe” on Wednesday. The pair has reached the 0.8000 level, and this is important as it...

By FX Empire.com Light Sweet Crude The CL contract fell on Wednesday, and on large volume as the Fed announced it was keeping the rates low, and that the economy remained having a weak outlook. This sent fear through the markets...

On Tuesday, the pound continued its decline against the dollar, hovering around eight-month low, as worries regarding the escalating European debt crisis and sluggish growth pace in major economies eroded demand on high-yielding...

On Tuesday, the franc retreated against majors, including the dollar, on speculation the SNB would to raise the ceiling target against the euro to 1.25 from 1.20 on Wednesday. The SNB still insists to halt the franc’s...