Author: Yonny Zohar

Forex Pros – The U.S. dollar was broadly lower against its major counterparts on Wednesday, as investors monitored ongoing violence in Libya and as markets awaited the release of the minutes of the most recent Bank of England...

Forex Pros – The Australian dollar was up against its U.S. counterpart on Wednesday, rising to hit a daily high after Reserve Bank of Australia Governor Glenn Stevens gave an upbeat speech on the nation’s mining boom.AUD/USD...

Forex Pros – The New Zealand dollar rebounded from a 2-month low against its U.S. counterpart on Wednesday, amid speculation markets overpriced the probability of an interest rate cut by the nation’s central bank, following...

Forex Pros – The pound was up against the U.S. dollar on Wednesday, climbing to a two-day high as markets awaited the release of the minutes of the most recent Bank of England policy meeting.GBP/USD hit 1.6227 during late...

Forex Pros – U.S. stocks were down after the closing bell on Tuesday. At the close of U.S. trade, the Dow Jones Industrial Average fell 1.44%, the S&P 500 index shed 2.05%, while the Nasdaq 100 index declined 2.91%....

Forex Pros – The U.S. Dollar was higher against the Canadian Dollar on Tuesday after the release of Canadian data on Core Retail Sales. USD/CAD was trading at 0.9903, up 0.74% at time of writing. The pair was likely to...

Forex Pros – The Australian Dollar was lower against the U.S. Dollar on Tuesday. AUD/USD was trading at 0.9987, down 1.06% at time of writing. The pair was likely to find support at 0.9976, today’s low, and resistance at...

Forex Pros – The New Zealand Dollar was lower against the U.S. Dollar on Tuesday. NZD/USD was trading at 0.7488, down 1.97% at time of writing. The pair was likely to find support at 0.7456, today’s low, and resistance at...

Forex Pros – European stocks were down after the closing bell on Tuesday. At the close of European trade, Germany’s DAX fell 0.05%, London’s FTSE 100 shed 0.30%, France’s CAC 40 declined 1.15% and the EURO STOXX 50 was...

Forex Pros – The Euro was lower against the U.S. Dollar on Tuesday after the release of U.S. data on CB Consumer Confidence. EUR/USD was trading at 1.3663, down 0.11% at time of writing. The pair was likely to find support...