Author: Yonny Zohar

Forex Pros – The yen gain sharply against the U.S. dollar on Friday, after the worst earthquake in a least a century hit Japan, sparking speculation that insurance companies and investors would buy back yen to pay for...

Forex Pros – The yen surged against the U.S. dollar on Friday, after an 8.9-magnitude earthquake followed by a tsunami devastated Japan’s northern coast, sparking speculation that companies will repatriate yen to...

Forex Pros – U.S. stocks were up after the closing bell on Friday. At the close of U.S. trade, the Dow Jones Industrial Average rose 0.50%, the S&P 500 index gained 0.71%, while the Nasdaq 100 index climbed 0.66%....

Forex Pros – The U.S. Dollar was lower against the Japanese Yen on Friday. USD/JPY was trading at 82.78, down 0.23% at time of writing. The pair was likely to find support at 81.95, Monday’s low, and...

Forex Pros – The Euro was higher against the U.S. Dollar on Friday. EUR/USD was trading at 1.3831, up 0.25% at time of writing. The pair was likely to find support at 1.3776, Thursday’s low, and...

Forex Pros – Asian stocks were down after the closing bell on Friday. At the close of Asian trade, Japan’s Nikkei 225 index fell 1.72%, Australia’s S&P/ASX 200 index shed 1.17%,...

Forex Pros – The British Pound was higher against the U.S. Dollar on Friday. GBP/USD was trading at 1.6060, up 0.001% at time of writing. The pair was likely to find support at 1.6040, Thursday’s low,...

Forex Pros – The euro fell to a six-day low against the U.S. dollar on Thursday, after credit agency Moody’s cut Spain’s rating and amid concerns over how the euro zone will handle the debt crisis...

Forex Pros – The U.S. dollar was up against the Swiss franc on Thursday, as oil prices retreated below USD105 a barrel, but the greenbacks gains were capped as unexpectedly weak Chinese trade data weighed on...

Forex Pros – The euro was down against the yen on Thursday, falling to a five-day low after Moody’s Investors Service cut Spain’s government-bond rating by one...