Author: Yonny Zohar

Forex Pros – The U.S. dollar was broadly lower against its major counterparts in thin trade on Monday, as the euro inched higher with many centers in Europe closed for the Whit Monday holiday. During European afternoon trade,...

Forex Pros – The pound extended gains against the U.S. dollar in thin trade on Monday, rising to a fresh daily high, while markets in many European centers remained closed for the Whit Monday holiday. GBP/USD hit 1.6324 during...

Forex Pros – The euro was under pressure against the U.S. dollar on Monday, swinging between small gains and losses as European Union leaders seemed no closer to an agreement on a possible restructuring of Greece’s...

Forex Pros – The U.S. dollar was down against the Swiss franc on Monday, trading close to the pair’s all-time low as unresolved concerns over a restructuring of Greek sovereign debt boosted demand for the safe haven franc....

Forex Pros – The euro slid to a seven-day low against the pound on Monday, as European Union policymakers appeared no closer to reaching an agreement over whether private investors would take part in a restructuring of Greek...

Forex Pros – The U.S. dollar was slightly lower against its major counterparts on Monday, as investors remained on edge amid a lack of progress on a bailout for Greece and uncertainty over future U.S. monetary policy ahead of...

Forex Pros – The pound rebounded from a two-week low against the broadly weaker U.S. dollar on Monday, after tumbling in the previous session following data showing a sharp drop in U.K. industrial output. GBP/USD clawed back up...