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Author: Yonny Zohar

Forex – Weekly outlook: August 15 – 19

Forexpros – iday brought an end to a tumultuous and volatile week in markets, highlighted by an historic downgrade to the U.S. credit rating and heightened concerns over sovereign debt contagion in the euro zone, while the franc...

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Gold futures fade in afternoon U.S. trade

Forexpros – Gold futures extended losses in U.S. trade Friday, as investors jumped from gold to equities markets in order to capitalize on gains on Wall Street and European stock exchanges. On the Comex division of the New York...

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European markets close higher; Dax up 3.45%

Forexpros – European stocks were up after the closing bell on Friday. At the close of European trade, Germany’s DAX rose 3.45%, London’s FTSE 100 gained 3.04%, France’s CAC 40 climbed 4.02% and the EURO STOXX 50 was up 4.15%....

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