By FXEmpire.com Analysis and Recommendations: Gold dipped to trade at 1575.45 after Bernanke’s statement was released. Fed Chief Bernanke today sketched out for members of Congress the weaker economic outlook, and stressed...
Read MoreBy FXEmpire.com Analysis and Recommendations: Natural Gas is just about even in today’s session trading at 2.812 after tumbling in early trading as investors sold off to take profits and also on positioning themselves...
Read MoreBy FXEmpire.com Today in early trading base metals are trading down by 0.1 to 0.4 percent apart from Copper at LME electronic platform. The Asian markets have also opened on a mixed note after reduced economic growth expectation...
Read MoreBy FXEmpire.com West Texas Intermediary crude oil futures prices are trading above $88.60/bbl in international market with gain of more than 0.25 percent. Oil prices have continued the positive rally driven by speculation of...
Read MoreBy FXEmpire.com Yesterday’s release of US retail sales surprised the markets in a negative way. US retail sales continued to disappoint in June. For a third consecutive month, retail sales dropped in June, while the...
Read MoreBy FXEmpire.com Analysis and Recommendation: The USD/JPY is trading at 78.92 as the Yen continues to pounce on the USD. The Yen had been strong against the USD for the past few sessions, but after the release of poor retail...
Read MoreBy FXEmpire.com Analysis and Recommendation: The AUD/USD has climbed to 1.0293 after the release of the RBA minutes from its July 3 meeting; the RBA said improved economic data had convinced it to keep the cash rate on hold at...
Read MoreBy FXEmpire.com Analysis and Recommendations: The EUR/JPY is trading at 96.95 as the euro was able to muster some strength after the USD collapsed. The euro has surged in early morning trading to over 1.23 against the greenback....
Read MoreBy FXEmpire.com Analysis and Recommendation: The NZD/USD is trading at 0.7988 adding 0.11% in Tuesday Asian trading. On a day void of eco data and low on news flow the pair have been at the whim of the US. The greenback has...
Read MoreBy FXEmpire.com The EUR/USD pair got a nice bounce after initially falling on Monday as the Americans reported a very weak retail sales number. This had people selling the US dollar, and as a result the euro got a bit of a...
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