Author: Yonny Zohar

Forex Pros – The yen edged higher against the U.S. dollar on Monday, briefly touching a three-day high as Japan’s currency adjusted after last weeks losses, but speculation over the global interest rate outlook continued...

Forex Pros – The New Zealand dollar eased up to a fresh five-month high against its U.S. counterpart on Monday, after a report showing that the nation’s business confidence rebounded strongly in April.NZD/USD hit 0.7846...

Forex Pros – The Australian dollar was trading close to a record high against its U.S. counterpart on Monday, as higher commodity prices and interest rate differentials supported the currency.AUD/USD hit 1.0539 during late Asian...

Forex Pros – Last week saw the U.S. dollar slump to a two-week low against the Swiss franc on Friday amid expectations that Thursday’s interest rate hike by the European Central Bank also opened the way for the Swiss...

Forex Pros – Last week saw the U.S. dollar rally to a six-month high against the broadly weaker yen amid expectations that the Bank of Japan will hold interest rates at ultra-low levels for a prolonged period, following last...

Forex Pros – The euro surged to a 15-month high against the U.S. dollar on Friday as expectations of higher rates bolstered the singe currency, even after Portugal became the third euro zone country to request a bailout.On...

Forex Pros – U.S. stocks were down after the closing bell on Friday. At the close of U.S. trade, the Dow Jones Industrial Average fell 0.24%, the S&P 500 index shed 0.40%, while the Nasdaq 100 index declined 0.50%....

Forex Pros – The U.S. Dollar was lower against the Canadian Dollar on Friday after the release of Canadian data on Employment Change. USD/CAD was trading at 0.9534, down 0.50% at time of writing. The pair was likely to find...

Forex Pros – Canadian employment change fell unexpectedly last month, official data showed on Friday.In a report, Statistics Canada said that Canadian employment change fell to a seasonally adjusted -1.50K, from 15.10K in the...

Forex Pros – The Euro was higher against the U.S. Dollar on Friday. EUR/USD was trading at 1.4398, up 0.63% at time of writing. The pair was likely to find support at 1.4152, Tuesday’s low, and resistance at 1.4407,...