Author: Yonny Zohar

Forex Pros – The euro slipped to a five-day low against the pound on Thursday, after ratings agency Moody’s cut Spain’s government-bond rating and following a report showing that manufacturing activity in the U.K. rose at...

Forex Pros – European stock markets were broadly lower on Thursday, after Moody’s downgraded Spain’s government-bond rating, while U.S. futures indexes pointed to a downbeat open on Wall Street. During European morning...

Forex Pros – Manufacturing production in the U.K. rose more-than-expected in January, official data showed on Thursday.In a report, the U.K. Office for National Statistics said that manufacturing production rose by a...

Forex Pros – The U.S. dollar was up against all of its major counterparts on Thursday, while the euro was broadly lower after Moody’s Investors Service cut Spain’s government-bond rating by one notch.During European...

Forex Pros – The pound weakened against the U.S. dollar on Thursday, sliding to an eight-day low, ahead of a decision by Bank of England policymakers on interest rates.GBP/USD hit 1.6123 during European morning trade, the...

Forex Pros – The U.S. dollar edged higher against the yen on Thursday, easing up to a four-day high, after a flurry of economic data indicated that growth in Asian economies could be slowing.USD/JPY hit 82.96 during early...

Forex Pros – The Australian dollar tumbled to a two-week low against its U.S. counterpart on Thursday, weighed by unexpectedly weak domestic employment data and disappointing Chinese trade data.AUD/USD hit 1.0023 during late...

Forex Pros – The euro erased losses against the U.S. dollar on Wednesday, edging modestly higher after the Portuguese government successfully sold EUR1 billion of two-year bonds and a report showing that German industrial...

Forex Pros – Industrial production in Germany rose slightly more-than-expected in January, official data showed on Wednesday.In a report, Destatis, Germany’s federal statistical office said industrial production rose by a...

Forex Pros – The euro slipped to a four-day low against the pound on Wednesday, after official data showed that the U.K. goods trade deficit contracted sharply in January, recovering from its worst reading on record in...