Author: Yonny Zohar

Forex Pros – The pound dipped against the U.S. dollar on Thursday, but remained close to a 13-month high, as expectations that the Bank of England would hike interest rates ahead of the U.S. Federal Reserve supported the...

Forex Pros – The euro zone’s services sector grew less than initially projected in February, data showed on Thursday.In a report, the market research group, Markit said the final euro zone services business activity...

Forex Pros – The pound rose against the U.S. dollar on Wednesday, trading close to a 13-month high after a better-than-expected construction PMI added to the view that the U.K. economy is rebounding.GBP/USD hit 1.6318...

Forex Pros – The euro extended gains against the U.S. dollar on Wednesday, after data showed that euro zone producer prices rose at the fastest pace in 29 years in January, underlining expectations for a near-term rate...

Forex Pros – The U.S. dollar re-approached its all-time low against the safe haven Swiss franc on Wednesday, amid concerns that a rebound in oil prices, fuelled by ongoing unrest in the Middle East, would derail the global...

Forex Pros – European stock markets were down sharply on Wednesday, as violence in the Middle East continued and oil prices spiked above USD100, while U.S. futures indexes pointed to a lower open on Wall Street. During...

Forex Pros – Producer price inflation in the euro zone rose more-than-expected in January, official data showed on Wednesday.In a report, Eurostat said that its producer price index rose by 1.5% in January, after rising by...

Forex Pros – Britain’s construction sector activity rose unexpectedly in February, jumping to the highest level since June 2010, industry data showed on Wednesday.In a report, market research firm Markit and the...

Forex Pros – The U.S. dollar was mixed against its major counterparts on Wednesday, as fresh concerns over a disruption to global oil supplies pushed prices higher and weighed on the greenback.During European morning...

Forex Pros – The pound trimmed losses against the U.S. dollar on Wednesday, pulling back from a two day low, as oil prices rebounded amid renewed concerns that escalating tension in Libya would disrupt supplies.GBP/USD...