Author: Yonny Zohar

Forex Pros – The U.S. dollar advanced to a three-week high against the yen last week before trimming gains after official data showed that Japan entered its third recession in a decade and Prime Minister Naoto Kan said he...

Forex Pros – Concerns over euro zone sovereign debt issues saw the euro fall sharply against the U.S. dollar on Friday, trimming the week’s gains after ratings agency Fitch downgraded Greece’s credit ratings by three...

Forex Pros – U.S. stocks were down after the closing bell on Friday. At the close of U.S. trade, the Dow Jones Industrial Average fell 0.74%, the S&P 500 index shed 0.77%, while the Nasdaq 100 index declined 0.77%....

Forex Pros – Canadian core consumer price inflation rose last month, official data showed on Friday.In a report, Statistics Canada said that Canadian core CPI rose to a seasonally adjusted 0.2%, from 0.7% in the preceding...

Forex Pros – Asian stocks were down after the closing bell on Friday. At the close of Asian trade, Japan’s Nikkei 225 index fell 0.14%, Australia’s S&P/ASX 200 index shed 0.44%, while Hong Kong’s Hang...

Forex Pros – Corn futures rallied for a sixth day on Thursday, while wheat prices surged to the highest level in three months as adverse weather in key growing regions in the U.S. continued to threaten crop production. On the...