Author: Yonny Zohar

Forex Pros – The U.S. dollar edged higher against the yen on Wednesday, supported by cautiously optimistic remarks on the U.S. economic outlook by Federal Reserve Chairman Ben Bernanke but gains were capped as oil prices...

Forex Pros – The Australian dollar fell to a four-day low against its U.S. counterpart on Wednesday, after data showed that while Australia’s economic growth accelerated in the fourth quarter, concerns about the...

Forex Pros – The euro held gains against the U.S. dollar on Tuesday, trading close to a one-month high, ahead of testimony on the U.S. economic outlook by Federal Reserve Chairman Ben Bernanke.EUR/USD hit 1.3853 during...

Forex Pros – The euro rallied to a four-day high against the yen on Tuesday, after the European Commission said that the euro zone economy is likely to grow faster than previously expected in 2011, due to a stronger global...

Forex Pros – The Swiss franc slid to a 3-day low against the U.S. dollar on Tuesday, as risk appetite staged a recovery and markets rallied and despite better-than-expected Swiss fourth quarter growth data.USD/CHF hit...

Forex Pros – European stock markets were broadly higher on Tuesday, as automakers led markets higher, while U.S. futures indexes pointed to an upbeat open on Wall Street. During European morning trade, the EURO STOXX 50...

Forex Pros – The euro zone’s unemployment rate declined unexpectedly in January, official data showed on Tuesday. In a report, Eurostat said that the euro zone’s unemployment rate fell to a seasonally adjusted...

Forex Pros – Consumer price inflation in the euro zone rose broadly in line with expectations in February, preliminary data showed on Tuesday.In a report, Eurostat said consumer price inflation was expected to rise by a...

Forex Pros – The U.S. dollar was mixed against its major counterparts on Tuesday, as market sentiment improved and oil prices stabilized, dampening demand for safe haven assets such as the Swiss franc and the yen.During...

Forex Pros – Net lending to individuals in the U.K. rose significantly more-than-expected in January, official data showed on Tuesday.In a report, the Bank of England said net lending to individuals rose by GBP1.5 billion...