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 rebuilding...

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 help pay for...

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 resistance at 83.30,...

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 resistance at 1.4036,...

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%, while Hong Kong’s Hang Seng Index...

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, and resistance at...

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 affecting its...

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 sentiment.USD/CHF...

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 notch.EUR/JPY hit 114.34 during European morning trade, the...