Author: Yonny Zohar

Forex Pros – The euro climbed to a fresh 13-month high against the pound on Thursday, after worse-than-expected data on the U.K. service sector underlined the view that the Bank of England will hold off raising rates for...

Forex Pros – European stock markets were down on Thursday, as shares in the financial sector led markets lower ahead of a policy setting meeting by the European Central Bank, while U.S. futures indexes pointed to a...

Forex Pros – Service sector activity in the U.K. fell more-than-expected in April, retreating from last month’s 13-month high, industry data showed on Thursday.In a report, market research group Markit said the...

Forex Pros – The U.S. dollar was broadly lower against its major counterparts on Thursday, while the euro was close to a 17-month high as markets watched for the European Central Bank to reinforce higher rate expectations...

Forex Pros – The U.S. dollar was mixed against its major counterparts on Wednesday, as the greenback remained under pressure amid expectations that U.S. interest rates will continue to remain low in the coming...

Forex Pros – The pound was slightly higher against the U.S. dollar on Wednesday, but gains were limited after weak U.K. construction data reinforced views that interest rates could stay on hold throughout 2011.GBP/USD hit...

Forex Pros – The euro erased early losses against the U.S. dollar on Wednesday, rising to a daily high as the view that the Federal Reserve will keep interest rates low for a prolonged period weighed on the...

Forex Pros – The U.S. dollar inched higher against the Swiss franc on Wednesday, but remained close to Tuesday’s all-time low, weighed by the view that the U.S. Federal Reserve is not likely to tighten policy for...

Forex Pros – The euro trimmed gains against the pound on Wednesday, retreating from a 13-month high after official data showed that euro zone retail sales declined unexpectedly in March.EUR/GBP retreated from 0.9030, the...