Author: Yonny Zohar

Forex Pros – The U.K.’s goods trade deficit narrowed unexpectedly in February, official data showed on Tuesday.In a report, the U.K. Office for National Statistics said the country’s goods trade...

Forex Pros – The U.S. dollar was mixed against its major counterparts on Tuesday, after Japan raised the severity rating of its nuclear crisis to the same level as the 1986 Chernobyl disaster, spurring...

Forex Pros – The pound fell to a three-day low against the U.S. dollar on Tuesday, ahead of the release of U.K. data on inflation and after reports showing that retail sales fell at their fastest annual pace...

Forex Pros – The pound slipped against the U.S. dollar on Monday, as hopes for a near-term rate hike by the Bank of England dwindled after the bank left rates unchanged at record lows last week.GBP/USD hit 1.6314 during...

Forex Pros – The euro was trading just off a 15-month peak against the U.S. dollar on Monday, as expectations for further rate increases by the European Central Bank this year supported the single currency.EUR/USD hit...

Forex Pros – The euro erased against the yen on Monday, retreating from an 11-month high, after reports of a strong earthquake and a small tsunami warning in Japan boosted demand for the safe haven yen.EUR/JPY retreated...

Forex Pros – The U.S. dollar edged higher against the Swiss franc on Monday, but gains were limited after reports of an earthquake striking northeastern Japan, triggering a small tsunami alert.USD/CHF hit 0.9063 during...

Forex Pros – European stock markets were broadly lower on Monday, amid reports of another strong earthquake hitting Japan and as automakers led declines after a brokerage downgrade, while U.S. futures indexes pointed to a...

Forex Pros – The U.S. dollar was mixed against its major counterparts on Monday, as the safe haven yen gained on reports of another strong earthquake hitting Japan, while expectations for further euro zone rate hikes this...

Forex Pros – The pound was down against the U.S. dollar on Monday, falling to a daily low as diminished expectations for a near-term rate hike by the Bank of England weighed after the bank left rates on hold last...