Author: Yonny Zohar

Forex Pros – utures Pros – Gold futures extended gains on Monday, as ongoing concerns over the euro zone’s peripheral sovereign debt crisis and a broadly weaker U.S. dollar boosted the metal’s appeal as...

Forex Pros – The euro rebounded from a three-week low against the U.S. dollar on Monday, recovering ground lost during a selloff triggered by concerns over Greek debt but gains remained limited.EUR/USD hit 1.4442 during...

Forex Pros – Wheat futures were up for a second day on Monday, as lingering fears over deteriorating crop conditions in the U.S. boosted prices, which were also supported by a broadly weaker U.S. dollar.  On the...

Forex Pros – The U.S. dollar was down against its Canadian counterpart on Monday, as crude oil, Canada’s largest export, recovered ground after Friday’s better-than-expected U.S. jobs data.USD/CAD hit 0.9604...

Forex Pros – Investor confidence in the euro zone unexpectedly declined in May, industry data showed on Monday.In a report, market research group, Sentix said its index of investor confidence dropped to 10.9 in May,...

Forex Pros – The U.S. dollar was lower against the Swiss franc in quiet trade on Monday, erasing gains from last week after better-than-expected U.S. jobs data gave the greenback a boostUSD/CHF hit 0.8733 during European...

Forex Pros – Last week saw the Canadian dollar pull back from a three-year high against its U.S. counterpart, as crude oil, Canada’s largest export tumbled, as the greenback moved sharply higher against the...

Forex Pros – Last week saw crude oil futures plunge to a three-month low on Friday, capping its biggest weekly decline since December 2008 as a broadly stronger U.S. dollar and concerns over diminishing oil demand in the...

Forex Pros – Last week saw gold prices decline for the first time in seven weeks, while silver suffered its worst weekly decline since 1980 after a series of increases in Comex margin requirements sparked a massive selloff...

Forex Pros – The week ending May 6 saw the U.S. dollar touch a fresh record low against the Swiss franc on Wednesday, before rebounding to close the week higher, boosted by better-than-expected U.S. employment data.USD/CHF...