Author: Yonny Zohar

Forex Pros – The number of people claiming unemployment benefits in the U.K. rose unexpectedly in January, official data showed on Wednesday.In a report, the U.K. Office for National Statistics said that the claimant count...

Forex Pros – European stock markets rose to their highest level since September 2008 on Wednesday as shares in the financial sector were boosted by strong earnings news, while U.S. futures indexes pointed to a higher open...

Forex Pros – The U.S. dollar was down against its major counterparts on Wednesday, as the Federal Reserve prepared to publish the minutes of its most recent policy setting meeting.During European morning trade, the...

Forex Pros – The pound rose to a two-week high against the U.S. dollar on Wednesday, after data showing U.K. inflation jumped to twice the Bank of England’s target in January fuelled speculation the bank may soon...

Forex Pros – The U.S. dollar eased off a two-month high against the yen on Wednesday, but remained well supported on the view that the economic recovery in the U.S. is gathering momentum.USD/JPY hit 83.62 during early...

Forex Pros – The New Zealand dollar pared gains against its U.S. counterpart on Wednesday, tracking the Australian dollar lower, following remarks by the Australian prime minister on a controversial mining tax.NZD/USD...

Forex Pros – The Australian dollar trimmed gains against its U.S. counterpart on Wednesday, after Australian Prime Minister Julia Gillard said she would not alter the controversial proposed mining tax.AUD/USD retreated...

Forex Pros – The euro moved higher against the U.S. dollar on Tuesday, as risk sentiment improved but doubts remained over whether euro zone leaders would reach an agreement on measures to tackle the regions debt...

Forex Pros – The euro hit a two-day high against the yen on Tuesday, amid improved risk appetite after Chinese consumer prices rose less-than-expected in January and as Australia’s central bank remained upbeat on the...

Forex Pros – The U.S. dollar was slightly lower against the Swiss franc on Tuesday, after official data showing that Chinese inflation rose more slowly than expected in January saw a modest improvement in risk...