Author: Yonny Zohar

Forexpros – The Australian dollar rose to a four-day high against its U.S. counterpart on Tuesday, after the Reserve Bank of Australia cut its benchmark interest rate by 0.25% in a bid to shore up confidence, while...

Forexpros – The euro touched a one-week high against the U.S. dollar on Tuesday, buoyed by hopes that European leaders will take fresh action to stem the crisis roiling the euro zone.EUR/USD hit 1.2542 during late Asian...

Forexpros – The Australian dollar rose against its U.S. counterpart on Tuesday as investors ditched the greenback in search of better returns in higher-yielding currencies.In Asian trading on Tuesday, AUD/USD hit 0.9765,...

Forexpros – The dollar fell against most major world currencies on Tuesday as hopes began to build that European policymakers are preparing to take more coordinated steps to firewall the debt crisis and eventually...

Forexpros – The euro rose against the dollar on Tuesday as hopes the eurozone will weather the debt crisis were revived when a European Central Banker expressed support for a banking union to cushion the continent’s...

Forexpros – The greenback traded lower against its major counterparts on Monday, as speculation that European leaders will act to stem the crisis in the euro zone improved market sentiment, but unexpectedly weak U.S. data...