Author: Yonny Zohar

Forex Pros – The U.S. dollar was down against most of its major counterparts on Wednesday, as markets awaited the conclusion of a critical policy setting meeting by the Federal Open Market Committee later in the day.During...

Forex Pros – The pound erased early losses against the U.S. dollar on Wednesday, to reapproach a 16-month high, after official data showed that the U.K. economy expanded in line with expectations in the first...

Forex Pros – The euro was hovering close to a 16-month high against the U.S. dollar on Wednesday, as uncertainty over the outcome of a meeting of the Federal Reserve’s  Federal Open Market Committee later in the...

Forex Pros – The U.S. dollar erased losses against the Swiss franc on Wednesday, easing off a record low but gains were limited ahead of the conclusion of a key Federal Reserve policy setting meeting later in the...

Forex Pros – The euro was down against the pound on Wednesday, retreating from a six-month high after a U.K. government report showed that Britain’s economy grew in line with expectations in the first quarter.EUR/GBP...

Forex Pros – Industrial new orders in the euro zone rose less-than-expected in February, official data showed on Wednesday.In a report, Eurostat said that industrial new orders rose by a seasonally adjusted 0.9% in...

Forex Pros – European stock markets were mixed on Wednesday, as traders digested earnings from some of Europe’s largest companies, while U.S. futures indexes pointed to a higher open on Wall Street ahead of the...

Forex Pros – The economy in the United Kingdom grew broadly in line with market expectations in the first quarter, preliminary official data showed on Wednesday.In a report, the Office for National Statistics said gross...

Forex Pros – The U.S. dollar was broadly lower against its major counterparts on Wednesday, as investors awaited the outcome of a key Federal Reserve policy setting meeting later in the day.During European morning trade,...

Forex Pros – The pound slid to a daily low against the U.S. dollar on Wednesday and looked likely to face more selling pressure if weak data on U.K. gross domestic product further dampened expectations for near-term rate...