Author: Yonny Zohar

Forex Pros – The euro eased off a five-month high against the U.S. dollar on Monday, on the view that a rate hike by the European Central Bank later this week was already priced in to markets.EUR/USD hit 1.4193 during...

Forex Pros – The U.S. dollar was trading in a narrow range against the Swiss franc on Monday, as the greenback remained supported by Friday’s better-than-expected U.S. jobs data.USD/CHF hit 0.9220 during European...

Forex Pros – The pound rose to a two-day high against the euro on Monday, boosted by expectations for sterling positive mergers and acquisitions inflows after U.K. telecoms company Vodafone agreed to sell its stake in...

Forex Pros – European stock markets advanced on Monday, amid increased merger and acquisition activity, while U.S. futures indexes pointed to a higher open on Wall Street. During European morning trade, the EURO STOXX 50...

Forex Pros – Producer price inflation in the euro zone rose slightly less-than-expected in February, official data showed on Monday.In a report, Eurostat said that its producer price index rose by 0.8% in February, after...

Forex Pros – The pound was higher against the U.S. dollar on Monday, after data showed that the rate of growth in the U.K.’s construction sector slowed only slightly in March from February’s eight-month...

Forex Pros – The U.S. dollar was mixed against its major counterparts on Monday, as the euro slipped lower on the view that expectations for a rate hike by the European Central Bank were now priced into the market.During...

Forex Pros – Investor confidence in the euro zone fell more-than-expected in April, industry data showed on Monday.In a report, market research group, Sentix said its index of investor confidence declined to 14.2 in April,...

Forex Pros – Britain’s construction sector activity fell less-than-expected in March, industry data showed on Monday.In a report, market research firm Markit and the Chartered Institute of Purchasing & Supply...