Author: Yonny Zohar

Forex Pros – Asian stocks were up after the closing bell on Friday. At the close of Asian trade, Japan’s Nikkei 225 index rose 1.85%, Australia’s S&P/ASX 200 index gained 0.42%, while Hong Kong’s Hang...

Forex Pros – The European Central Bank raised its benchmark interest rate for the first time since May 2009, it announced on Thursday. The ECB said it lifted the benchmark interest rate to 1.25%, in a widely expected move,...

Forex Pros – The Bank of England kept its benchmark interest rate unchanged for the 25th consecutive month in April, it announced on Thursday.The bank said it was maintaining the benchmark interest rate at 0.50%, in a...

Forex Pros – The euro extended losses against the U.S. dollar on Thursday, sliding to a fresh daily low amid concerns that the European Central Bank could dampen expectations for further monetary tightening this...

Forex Pros – The U.S. dollar edged lower against the Swiss franc on Thursday, ahead of an interest rate decision by the European Central Bank, amid expectations that a euro zone rate rise would also give the Swiss National...

Forex Pros – The euro slipped against the pound on Thursday, easing down to a daily low ahead of interest rate decisions from both the Bank of England and the European Central Bank later in the day.EUR/GBP hit 0.8743...

Forex Pros – European stock markets advanced on Thursday, led higher by financials after Portugal announced it would seek a bailout and ahead of an expected euro zone interest rate hike, while U.S. futures indexes pointed...

Forex Pros – The U.S. dollar was mixed against its major counterparts on Thursday, while the euro slipped amid profit taking ahead of the European Central Banks expected rate increase later in the day.During European...

Forex Pros – The pound erased losses against the U.S. dollar on Thursday, as the Bank of England looked almost certain to leave interest rates at a record low later in the day, due to uncertainty about the strength of...