Author: Irit Rutenberg

By FX Empire.com EUR/USD rose during the early hours of the trading session, but fell a bit towards the end of the day on Tuesday as the news got out that the ECB, IMF, and ECB – the financiers of all things Greek...

By FX Empire.com USD/JPY fell on Tuesday as word got out that the “Troika” was going to wait until October to head back to Athens in order to discuss a bailout. This could suggest that the process is going even slower than...

By FX Empire.com GBP/USD rose on Tuesday as traders bought the Pound in general. The move is decidedly countertrend to the recent fall, and because of this we are currently waiting to see if the gap from the weekend closes...

By FX Empire.com Tuesday saw the USD/CHF pair rise slightly, as the rumors of a Swiss National Bank meeting hit wires. The SNB is rumored to be considering raising the floor on the EUR/CHF to the 1.25 level, and this would cause...

By FX Empire.com The EUR/CHF pair rose on rumors that the Swiss National Bank is going to announce a peg to 1.25 of the currency pair. The Franc is far overbought, even with the recent selloff in the Swissy. This means that the...

By FX Empire.com AUD/USD rose during the Tuesday session, but gave up a lot of its gains in the afternoon of the US session. The reports that the IMF, EU, and ECB (the “Troika”) are waiting until October to come to Athens and...

By FX Empire.com The USD/CAD pair fell for a while on Tuesday, but then rose as traders sold off commodities and stocks in the late hours of the session. The Canadian dollar suffered as a result as it is considered a “risky”...

By FX Empire.com The NZD/USD pair had a wild day as traders sent the Kiwi back and forth on Tuesday. The pair looks like it is far too choppy at this point to get long or short to be frank about it. The 0.8000 level below is...

By FX Empire.com EUR/USD fell hard on an opening gap on Monday, but bounced hard as rumors of the Greeks and the “Troika” are close to an agreement for the second tranche of the bailout money that the Greeks need. This gave a...

By FX Empire.com USD/JPY fell on Monday as traders continue to look for safe havens. However, the Bank of Japan has been very supportive of this pair lately, and one has to think that it is only a matter of time before we see...