Author: Irit Rutenberg

By FXEmpire.com The USD/CAD pair rose on Thursday as the oil markets sold off in a violent manner. The weak Philly Fed numbers out of the US only stoked the fires that were burning after a massive sell off in European equity...

By FXEmpire.com The NZD/USD pair fell rapidly during the Thursday session as traders shunned anything risk-related in the markets. The slowdown that seems to be indicated by the Philly Fed numbers out of the US doesn’t...

By FXEmpire.com GBP/USD fell as the world got spooked by fears coming out of Europe involving the debt crisis, and the Philly Fed numbers came in very poor. The reality is that the world could be slipping into recession, and if...

By FXEmpire.com Thursday saw a selloff in the EUR/USD again. The 1.45 area seems to be an area that sellers are willing to step in and get involved, and this past time has been no different. The biggest problem with trading this...

By FXEmpire.com One has to wonder where this pair would be if the Swiss National Bank wasn’t involved in stemming the rise of the Franc. Presently, we saw another flat but volatile day on Thursday in this pair and the 1.15...

By FXEmpire.com The AUD/USD pair fell hard on Thursday as traders got bad news out of the US, and the European debt fears continue to take center stage. The massive losses in the European stock indices didn’t do much to...

By FXEmpire.com The EUR/USD had a bullish day to start with on Wednesday, but pulled back to form a bit of a shooting star at the top of the recent downtrend channel. It should also be noted that the 1.45 level proved to be too...

By FXEmpire.com The USD/JPY pair fell on Wednesday as traders continue to test the patience of the Bank of Japan. As the bank has recently intervened, and has stated several times that it is “monitoring the currency...