Author: Yonny Zohar

Forex Pros – The U.S. Dollar was lower against the Swiss Franc on Friday. USD/CHF was trading at 0.9307, down 0.10% at time of writing. The pair was likely to find support at 0.9202, Wednesday’s low, and resistance...

Forex Pros – Asian stocks were up after the closing bell on Friday. At the close of Asian trade, Japan’s Nikkei 225 index rose 1.02%, Australia’s S&P/ASX 200 index gained 1.20%, while Hong Kong’s Hang...

Forex Pros – The euro rose to a two-day high against the Swiss franc on Thursday, boosted by expectations that the European Central Bank is set to pave the way for rate rises in the coming months.EUR/CHF hit 1.2851 during...

Forex Pros – The U.S. dollar dipped to a daily low against the yen on Thursday, despite an improvement in market sentiment as oil prices eased following reports of a possible deal to end violence in Libya.USD/JPY hit 81.74...

Forex Pros – The euro extended gains against the pound on Thursday, rising to a three-day high after a weaker-than-expected survey of the U.K. services sector and data showing that euro zone retail sales rose slightly...

Forex Pros – European stock markets were higher on Thursday, as market sentiment was boosted by media reports of a possible Libyan peace plan, while U.S. futures indexes pointed to an upbeat open on Wall Street. During...

Forex Pros – The euro zone’s economy grew in line with expectations during the fourth quarter of 2010, unchanged from a preliminary estimate, official data showed on Thursday.In a report, Eurostat, the statistical...

Forex Pros – Retail sales in the euro zone rose slightly more-than-expected in January, official data showed on Thursday.In a report, Eurostat said retail sales rose by a seasonally adjusted 0.4% in January, after dropping...

Forex Pros – Service sector activity in the U.K. declined more-than-expected in February, data showed on Thursday.In a report, market research group Markit said the seasonally adjusted Markit/CIPS Services Purchasing...

Forex Pros – The U.S. dollar was broadly higher against its major counterparts on Thursday, as upbeat U.S. economic data and reports of a possible Libyan peace plan boosted market sentiment.During European morning trade,...