Author: Yonny Zohar

Forex Pros – The euro extended gains against the U.S. dollar amid thin trade on Wednesday, rallying to a fresh 15-month high as upbeat corporate earnings in the U.S. boosted risk appetite, prompting investors to seek out...

Forex Pros – The euro rallied to a three-day high against the broadly weaker yen on Wednesday, as stronger risk sentiment prompted investors to seek out higher yielding currencies.EUR/JPY hit 120.18 during European morning...

Forex Pros – The euro extended gains against the pound on Wednesday, jumping to a four-day high after the Bank of England’s April policy meeting minutes showed policymakers maintained their 6-3 split in favor of...

Forex Pros – European stock markets posted sharp gains on Wednesday, as market sentiment was lifted amid a flurry of upbeat earnings reports, while U.S. futures indexes pointed to a higher open on Wall Street. During...

Forex Pros – The U.S. dollar was broadly lower against its major counterparts on Wednesday, as risk appetite sharpened and concerns over Standard & Poor’s downgrade of its outlook on U.S. credit ratings...

Forex Pros – The pound rose to a four-day high against the broadly weaker U.S. dollar on Wednesday, ahead of the release of the Bank of England’s April policy meeting minutes later in the day.GBP/USD hit 1.6382...

Forex Pros – The U.S. dollar was up against the yen on Wednesday, after government data showed that Japan recorded a smaller-than-expected trade surplus in March and exports fell more than expected year-on-year, due to...

Forex Pros – The euro zone’s manufacturing PMI rose unexpectedly last month, preliminary data showed on Tuesday. In a report, research group Markit said the euro zone’s manufacturing PMI rose to 57.7, from 57.5...

Forex Pros – Asian stocks were down after the closing bell on Tuesday. At the close of Asian trade, Japan’s Nikkei 225 index fell 1.21%, Australia’s S&P/ASX 200 index shed 1.43%, while Hong Kong’s...

Forex Pros – The U.S. dollar was broadly higher against its major counterparts on Monday, while the euro came under pressure amid speculation that Greece wanted to restructure its debt and uncertainty over...