Author: Yonny Zohar

Forex Pros – Germany’s Ifo business climate fell less-than-expected last month, data showed on Friday. In a report, the Ifo Institute for Economic Research said its index of German business climate fell to 111.10,...

Forex Pros – Asian stocks were up after the closing bell on Friday. At the close of Asian trade, Japan’s Nikkei 225 index rose 1.07%, Australia’s S&P/ASX 200 index gained 0.91%, while Hong Kong’s Hang...

Forex Pros – The euro rebounded from a four-day low against the U.S. dollar on Thursday, as concerns over the regions sovereign debt crisis appeared to be increasingly priced in to the currency.EUR/USD clawed back up from...

Forex Pros – The euro extended gains against the pound on Thursday, after official data showed that retail sales in the U.K. fell more-than-expected in February, underlining concerns over the uneven nature of the...

Forex Pros – The U.S. dollar was trading in a narrow range against the yen on Thursday, as persistent concerns over possible Bank of Japan intervention to weaken the yen kept the currency in check.USD/JPY hit 80.76 during...

Forex Pros – European stock markets were broadly higher on Thursday, ahead of an EU summit to discuss the euro zone debt crisis, while U.S. futures indexes pointed to a higher open on Wall Street. During European morning...

Forex Pros – The U.S. dollar was mixed against its major counterparts on Thursday, as the euro zone remained in focus, following the resignation of Portugal’s prime minister ahead of a two-day European Union...

Forex Pros – Retail sales in the United Kingdom fell more-than-expected in February, official data showed on Thursday.In a report, the U.K. Office for National Statistics said retail sales fell by a seasonally adjusted...

Forex Pros – Asian stock markets were mixed on Thursday, as concerns over Japan’s ongoing nuclear crisis weighed on shares in Tokyo, while commodity-linked shares lifted other markets in the region. During late Asian...

Forex Pros – The pound slipped to a four-day low against the U.S. dollar on Thursday, after the U.K. government cut its growth forecasts for 2011 and markets pared back expectations for a near-term rate hike by the Bank of...