Author: Yonny Zohar

Forex Pros – The U.S. dollar was broadly higher against its major counterparts on in holiday thinned trade on Monday, after news reports confirmed that Al Qaeda leader Osama bin Laden had been killed in a U.S....

Forex Pros – The pound was down against the broadly stronger U.S. dollar in thin holiday trade on Monday, after U.S. President Barack Obama confirmed that al-Qaeda leader Osama bin Laden had been killed in...

Forex Pros – Manufacturing activity in Switzerland unexpectedly declined in April, industry data showed on Monday.In a report, the Swiss SVME purchasing managers’ association and Credit Suisse said that...

Forex Pros – The U.S. dollar rebounded from a one-month low against the yen on Monday, following reports that that al Qaeda leader Osama bin Laden had been killed by the U.S. military in Pakistan.USD/JPY...

Forex Pros – Retail sales in Switzerland declined unexpectedly in March, official data showed on Monday.In a report, Switzerland’s Federal Statistical Office said that retail sales fell by an annual rate...

Forex Pros – The Canadian dollar climbed against its U.S. counterpart for the second week, reaching a fresh multi-year high after Federal Reserve Chairman Ben Bernanke gave no indication that the U.S. central bank will...

Forex Pros – Last week saw the U.S. dollar tumble to a new all-time low against the Swiss franc amid expectations that the Federal Reserve will continue to keep interest rates low for some time to come.USD/CHF hit 0.8624...

Forex Pros – The U.S. dollar fell to a one-month low against the yen on Friday, after U.S. Federal Reserve Chairman Ben Bernanke indicated that ultra-loose monetary policy would stay in place for the foreseeable...

Forex Pros – Last week saw the U.S. dollar suffer its worst weekly performance since September, as U.S. economic growth slowed and as Federal Reserve Chairman Ben Bernanke said he was unsure when monetary stimulus will...

Forex Pros – U.S. stocks were mixed after the closing bell on Friday. At the close of U.S. trade, the Dow Jones Industrial Average rose 0.37%, the S&P 500 index gained 0.23%, while the Nasdaq 100 index...