Author: Yonny Zohar

Forex Pros – The U.S. dollar was broadly lower against its major counterparts on Tuesday, ahead of a two-day U.S. Federal Reserve policy meeting which was expected to give no hint of imminent policy tightening.During...

Forex Pros – The pound erased gains against the U.S. dollar on Tuesday, following a report by Confederation of British Industry showing that manufacturing orders unexpectedly slumped this month.GBP/USD retreated from...

Forex Pros – The euro extended early gains against the U.S. dollar on Tuesday, advancing to a fresh 16-month high, boosted after an auction of Spanish government debt met with strong investor demand.EUR/USD hit 1.4652...

Forex Pros – U.K. industrial order expectations fell significantly more-than-expected in April, retreating from March’s three-year high, industry data showed on Tuesday.In a report, the Confederation of British...

Forex Pros – The euro extended gains against the pound on Tuesday, climbing to a three-day high after an auction of Spanish government debt met with strong demand, easing concerns that the country may be the next euro zone...

Forex Pros – The broadly weaker U.S. dollar tumbled to a fresh record low against the Swiss franc on Tuesday, while official data showed that growth in Swiss exports slowed in March, weighed by the stronger franc.USD/CHF...

Forex Pros – European stock markets advanced on Tuesday, as strong corporate earnings results from Swiss banking giant UBS boosted shares in the financial sector, while U.S. futures indexes pointed to a higher open on Wall...

Forex Pros – The U.S. dollar was lower against its all of its major counterparts on Tuesday, weakened by the perception the U.S. Federal Reserve is unlikely to tighten the bank’s policy in the immediate future.During...

Forex Pros – The pound erased early losses against the U.S. dollar on Tuesday, rebounding from a three-day low ahead of a critical policy meeting by the U.S. Federal Reserve.GBP/USD clawed back up from 1.6438, the...

Forex Pros – The U.S. dollar slipped to a one-month low against the yen on Tuesday, ahead of a key Federal Reserve two-day policy meeting set to begin later in the day.USD/JPY hit 81.57 during early European trade, the...