Author: Yonny Zohar

Forex Pros – The euro extended losses against the U.S. dollar on Wednesday, falling to a fresh daily low as clashes in Bahrain escalated and the Japanese nuclear crisis worsened.EUR/USD hit 1.3927 during European late...

Forex Pros – European stock markets erased early gains on Wednesday, as shares in the financial sector performed poorly after Moody’s downgraded Portugal’s bond ratings, while U.S. futures indexes pointed to a...

Forex Pros – The euro extended losses against the pound on Wednesday, after official data showed that the number of people in the U.K. claiming unemployment benefits fell in February, confounding expectations for an...

Forex Pros – Economic sentiment in Switzerland improved in March, data showed on Wednesday.In a report, the Centre for European Economic Research (ZEW) said its indicator of economic sentiment improved to -13.5 in March,...

Forex Pros – The U.S. dollar inched higher against the Swiss franc on Wednesday, easing off the pair’s all time low as stock prices recovered but the Swissie remained supported amid uncertainty over the ongoing...

Forex Pros – The number of people claiming unemployment benefits in the U.K. declined unexpectedly in February, official data showed on Wednesday.In a report, the U.K. Office for National Statistics said that the claimant...

Forex Pros – The U.S. dollar was mixed against its major rivals on Wednesday, as risk appetite staged a modest comeback, dampening demand for safe haven currencies but uncertainty over Japan’s nuclear emergency...

Forex Pros – The pound strengthened against the U.S. dollar on Wednesday, as stronger market sentiment dampened demand for safe haven currencies, but uncertainty over the continuing nuclear emergency in Japan...

Forex Pros – The euro was slightly lower against the U.S. dollar on Wednesday, after Moody’s Investor Services announced a downgrade of Portugal’s long-term government bond ratings.EUR/USD hit 1.3959 during...

Forex Pros – The euro tumbled against the yen on Tuesday, after Japan’s prime minister said radiation levels near a quake-stricken nuclear plant had become high following an explosion, prompting a broad flight to...