Author: Yonny Zohar

Forex Pros – European stock markets declined on Thursday, as shares in the financial sector led losses ahead of the results of the Irish banks’ stress tests, while U.S. futures indexes pointed to a mixed open on Wall...

Forex Pros – The pound rose to a five-day high against the U.S. dollar on Thursday, after a report showed house prices in the U.K. unexpectedly increased in March, bolstering the case for the Bank of England to tighten...

Forex Pros – Consumer price inflation in the euro zone rose unexpectedly in March, preliminary data showed on Thursday.In a report, Eurostat said consumer price inflation was expected to rise by a seasonally adjusted 2.6%...

Forex Pros – The dollar slipped against the yen on Thursday, as investors locked in profits following the dollar’s recent rally; however the yen’s gains were limited amid expectations that the Bank of Japan...

Forex Pros – The New Zealand dollar was lower against its U.S. counterpart on Thursday, after a report showing that New Zealand business confidence plummeted in March.NZD/USD hit 0.7584 during late Asian trade, the daily...

Forex Pros – The number of unemployed people in Germany declined significantly more-than-expected in March, official data showed on Thursday.In a report, Germany’s Federal Statistics Office said the number of...

Forex Pros – The Australian dollar dipped lower against its U.S. counterpart on Thursday, after hitting a 29-year peak boosted by a better-than-expected domestic retail sales report for February.AUD/USD retreated from...

Forex Pros – The euro remained under pressure against the U.S. dollar on Wednesday, amid growing expectations that the Federal Reserve will move towards policy normalization when its second round of bond-buying ends in...

Forex Pros – The euro extended early losses against the pound on Wednesday, falling to a four-day low, following the release of upbeat U.K. data on services sector growth and retail sales.EUR/GBP hit 0.8753 during European...

Forex Pros – The Swiss franc was lower against the U.S. dollar on Wednesday, dipping to a two-week low as renewed optimism over the global economic recovery sapped demand for safe haven assets.USD/CHF hit 0.9250 during...