Author: Yonny Zohar

Forex Pros – Last week saw the U.S. dollar fall below 80.00 against the yen for the first time since the Group of Seven nations and the Bank of Japan intervened to weaken the currency on March 18, in the wake of Japan’s...

Forex Pros – Last week saw the euro post its worst weekly performance against the U.S. dollar in four months, after European Central Bank President Jean-Claude Trichet indicated that he may not raise interest rates next month...

Forex Pros – U.S. stocks were up after the closing bell on Friday. At the close of U.S. trade, the Dow Jones Industrial Average rose 0.43%, the S&P 500 index gained 0.38%, while the Nasdaq 100 index climbed 0.34%. Earlier...

Forex Pros – Asian stocks were down after the closing bell on Friday. At the close of Asian trade, Japan’s Nikkei 225 index fell 1.45%, Australia’s S&P/ASX 200 index shed 0.17%, while Hong Kong’s Hang Seng...

Forex Pros – The U.S. Dollar was lower against the Swiss Franc on Friday after the release of Swiss data on Unemployment Rate. USD/CHF was trading at 0.8695, down 0.14% at time of writing. The pair was likely to find support at...

Forex Pros – The European Central Bank kept its benchmark interest rate unchanged for the second consecutive month in May, it announced on Thursday.The ECB said it was maintaining the benchmark interest rate at 1.25%, in a...

Forex Pros – The pound slipped against the U.S. dollar on Thursday, after the Bank of England kept its key interest rate at 0.5%, in a widely expected move amid concerns over the uneven nature of the U.K.’s economic...

Forex Pros – The euro dipped against the U.S. dollar on Thursday, retreating from the daily high following a report showing that German factory orders tumbled unexpectedly in March while the previous month’s figure was...

Forex Pros – German factory orders plunged unexpectedly in March, official data showed on Thursday.In a report, Deutsche Bundesbank said factory orders tumbled by a seasonally adjusted 4.0% in March, after rising by 1.9% in...