Author: Yonny Zohar

Forex Pros – The pound trimmed gains against the U.S. dollar on Wednesday, after data showing an unexpected drop in U.K. industrial output and stagnation in the manufacturing sector in February dampened expectations for a...

Forex Pros – The euro rallied to a 14-month high against the U.S. dollar on Wednesday, boosted by expectations that the European Central Bank will raise its benchmark interest rate this week despite the debt crisis in the...

Forex Pros – The U.S. dollar tumbled to a four-day low against the Swiss franc on Wednesday, after Swiss consumer price inflation rose more-than-expected in March, raising expectations a euro zone rate rise will give the...

Forex Pros – German factory orders rose significantly more-than-expected in February, increasing for the second consecutive month, official data showed on Wednesday.In a report, Deutsche Bundesbank said factory orders rose...

Forex Pros – The euro extended gains against the pound on Wednesday, advancing to a daily high, after British industrial output suffered a shock fall in February, raising doubts over a near-term rate increase by the Bank...

Forex Pros – European stock markets were mixed on Wednesday, as shares in the financial sector led losses amid persistent fears over the euro zone’s debt crisis, while U.S. futures indexes pointed to a higher open on...

Forex Pros – The euro zone’s economy grew in line with preliminary estimates in the fourth quarter of 2010, official data showed on Wednesday.In a report, Eurostat said the euro zone’s gross domestic product...

Forex Pros – The U.S. dollar was broadly lower against its major counterparts on Wednesday, as risk appetite sharpened while the euro surged to a 14-month high as investors positioned themselves ahead of an expected euro...

Forex Pros – Manufacturing production in the U.K. was unexpectedly flat in February, official data showed on Wednesday.In a report, the U.K. Office for National Statistics said that manufacturing production posted a flat...

Forex Pros – The pound rallied to a two-week high against the U.S. dollar on Wednesday, after a surprisingly strong rise in Britain’s services sector rekindled expectations of a near-term rate hike by the Bank of...