Author: Irit Rutenberg

By FXEmpire.com The results of the EU Summit have brought forward the return to the bill market, as Ireland obtained some promises regarding the re-financing of its bank bail-out costs via the ESM, after Spain obtained a direct...

By FXEmpire.com Analysis and Recommendation: The AUD/USD is trading at 1.02992 on the strength of commodity currencies and the weakness of the greenback. US markets closed early on Tuesday and are closed on Wednesday to...

By FXEmpire.com Analysis and Recommendation: The NZD/USD has been the benefactors of a weak USD, adding 0.0015 in today’s session to trade at 0.8052. With US markets closed for the holiday there will be little action...

By FXEmpire.com Analysis and Recommendation: The USD/JPY remains in a tight range trading at 79.77 as US markets are closed for the Independence Day holiday. Traders were positioning themselves before the holiday to be prepared...

By FXEmpire.com The EUR/USD pair had very little to say during the Tuesday session as the world awaits the ECB meeting. In the meantime, this pair will probably grind sideways overall, suggesting that trading will be an...

By FXEmpire.com The USD/JPY pair had another positive session as it has been alternating between gains and losses day after day. The 80 handle is still just above, and should provide resistance. However, we do see that the highs...

By FXEmpire.com The GBP/USD pair hasn’t done much over the last 48 hours. Tuesday ended up much like Wednesday, and that meant an unchanged market. The pair is currently sitting just under the 1.57 level which is the...