Author: Yonny Zohar

Forex Pros – The New Zealand dollar trimmed gains against its U.S. counterpart on Monday, as New Zealand’s government outlined the preliminary costs of the earthquake that struck the nations...

Forex Pros – Last week saw the Swiss franc jump to a record high against the U.S. dollar, as crude oil prices surged to a two and a half year high on the back of escalating violence in Libya, sparking concerns...

Forex Pros – Last week saw the yen and the Swiss franc emerge as the top performers against the U.S. dollar, as political unrest in Libya pushed oil prices to a 29-month high and fuelled demand for safe haven...

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 0.51%, the S&P 500 index gained 1.06%, while the Nasdaq 100 index climbed 1.43%....

Forex Pros – The euro extended gains against the pound on Thursday, climbing to a fresh three-week high, following a report showing that U.K. retail sales growth slowed more than expected in February to its weakest since...

Forex Pros – The euro erased losses against the U.S. dollar on Thursday, climbing to hit a fresh three-week high as a surge in oil prices and expectations of a near-term interest rate hike by the European Central Bank...

Forex Pros – Retail sales in Britain fell significantly more-than-expected in February, industry data showed on Thursday.In a report, the Confederation of British Industry said the result of its index of U.K. retailers...

Forex Pros – The U.S. dollar was down against most of its major counterparts on Thursday, amid concerns that higher oil prices, fuelled by the ongoing unrest in Libya, will weigh on the U.S. economic recovery.During...

Forex Pros – The pound trimmed losses against the U.S. dollar on Thursday, pulling back from the daily low as expectations that the Bank of England will raise interest rates in coming months provided support.GBP/USD...

Forex Pros – European stock markets were broadly lower on Thursday, as violence in Libya continued and oil prices spiked to a 30-month high, while U.S. futures indexes pointed to a higher open on Wall Street. During...