Author: Yonny Zohar

Forex Pros – European stock markets posted sharp losses on Monday, as the arrest of International Monetary Fund chief Dominique Strauss-Kahn for sexual assault over the weekend added to uncertainty surrounding a bailout for...

Forex Pros – Consumer price inflation in the euro zone rose broadly in line with expectations in April, official data showed on Monday.In a report, Eurostat said consumer price inflation rose by a seasonally adjusted 2.8% in...

Forex Pros – The U.S. dollar was mixed against its major counterparts on Monday, while the euro edged higher despite ongoing uncertainty over possible euro zone sovereign debt restructuring.During European morning trade, the...

Forex Pros – Crude oil futures fell sharply on Monday, declining for the first time in three days, as ongoing concerns over a slowdown in global oil demand weighed on prices.On the New York Mercantile Exchange, light, sweet...

Forex Pros – The pound erased early losses against the U.S. dollar on Monday, edging higher after a report showing that U.K. house prices rose to an almost three-year high in May.GBP/USD clawed back up from 1.6164, the daily low...

Forex Pros – Last week saw crude oil futures drop close to a three-month low on Thursday amid concerns over a slowdown in global oil demand, before rebounding as fears over a disruption to U.S. supplies boosted prices.  On...

Forex Pros – Last week saw the Swiss franc decline against the broadly stronger U.S. dollar after weaker-than-expected inflation data dampened expectations that the Swiss National Bank would raise interest rates in the near...

Forex Pros – Last week saw gold prices drop below the psychologically important level of USD1,500 an ounce on Friday as a broadly stronger U.S. dollar and subdued U.S. inflation data reduced the investment appeal of the precious...

Forex Pros – Last week saw the U.S. dollar advance against the yen before trimming gains, as Japan’s economy and fiscal policy minister, Kaoru Yosano, said the yen’s strength resulted from a weaker dollar, not...

Forex Pros – Last week saw the euro tumble to a six-week low against the broadly stronger U.S. dollar, as concerns over the region’s sovereign debts and fears over global economic growth saw investors shun risk.Over the...