By FXEmpire.com Gold markets initially rose during the session on Wednesday, perhaps in response to the possibility of the Federal Reserve hinting at further quantitative easing during Wednesday’s announcement. However,...
Read MoreBy FXEmpire.com Analysis and Recommendation: The USD/JPY is trading at 79.53 within the tight range that the pair has been in for weeks. The release of the FOMC minutes offered little in guidance. The main event will be the Bank...
Read MoreBy FXEmpire.com Analysis and Recommendation: The AUD/USD is trading at 1.0195 after the leases of negative employment data this morning. The Aussie tumbled. Reports showed the unemployment rate remained at 5.2% but the number of...
Read MoreBy FXEmpire.com Analysis and Recommendations: The EUR/JPY continued its downward action falling to 97.38 as the euro is weakened on global sentiment and on worries over the ESM and the German courts, holding the EU or issuing an...
Read MoreBy FXEmpire.com Analysis and Recommendation: The NZD/USD is trading at 0.7938 dipping a bit in this morning’s session. There was no eco data or news support for the kiwi, so the currency was at the whim of the USD. Markets...
Read MoreBy FXEmpire.com Analysis and Recommendations: Gold declined to trade at 1571.85 as traders await the release of the FOMC minutes from the prior meeting. The minutes are due to be released towards the end of the trading day and...
Read MoreBy FXEmpire.com Analysis and Recommendations: Natural Gas is trading at 2.788 as speculators look forward to Thursday’s inventory. Temperatures have declined but they are hoping that the bout of higher than normal heat has...
Read MoreBy FXEmpire.com Analysis and Recommendations: Crude Oil is trading at 85.23 jumping almost .50 on the release of today’s EIA inventory. Today’s report just release showed that ” U.S. commercial crude oil...
Read MoreBy FXEmpire.com Analysis and Recommendations: Silver is trading up at 26.962 after a severe fall yesterday. Precious metals as well as industrial metals are trading strong today. Silver rebounded slightly from yesterday decline,...
Read MoreBy FXEmpire.com Analysis and Recommendations: The USD/CAD is trading at 1.0198 in early morning US trading. Canada’s trade deficit grew a small bit in May, as exports were relatively unchanged from the previous month and...
Read More
