Author: Yonny Zohar

Forex Pros – The euro jumped to a 13-month high against the pound on Tuesday, after a report showing that manufacturing activity in the U.K. declined more-than-expected in April to hit a seven-month low.EUR/GBP hit 0.8980...

Forex Pros – European stock markets were broadly lower on Tuesday, as shares in automakers led declines, while U.S. futures indexes pointed to a lower open on Wall Street.    During European morning trade, the...

Forex Pros – ucer price inflation in the euro zone rose broadly in line with expectations in March, official data showed on Tuesday.In a report, Eurostat said that its producer price index rose by 0.7% in March, after rising...

Forex Pros – Manufacturing activity in the U.K. fell unexpectedly in April, dropping to a seven-month low data showed on Tuesday.In a report, market research group Markit said that its U.K. manufacturing PMI fell to a...

Forex Pros – The U.S. dollar was broadly higher against its major counterparts on Tuesday, as risk aversion escalated amid security fears following Sunday’s killing of Al Qaeda leader Osama bin Laden.During European...

Forex Pros – The euro extended early gains against the pound on Monday, trading within striking distance of a six-month high after a report showed that manufacturing activity in the euro zone in April showed the...

Forex Pros – The U.S. dollar rebounded from a record low against the Swiss franc on in thin holiday trade on Monday, following news that Al Qaeda leader Osama Bin Laden had been killed by U.S. Special Forces in...

Forex Pros – European stock markets were broadly higher in thin holiday trade on Monday, after President Barack Obama confirmed that al-Qaeda leader Osama bin Laden had been killed by U.S. forces in Pakistan, while U.S....