Author: Yonny Zohar

Forex Pros – European stock markets were up on Monday, as shares in the financial sector were boosted by gains in Swiss banking giant Credit Suisse, while U.S. futures indexes pointed to a mixed open on Wall...

Forex Pros – The U.S. dollar was mixed against its major counterparts on Monday, as concerns over the sovereign debt crisis in the euro zone weighed on sentiment ahead of peripheral bond auctions later in the...

Forex Pros – The pound trimmed gains against the U.S. dollar on Monday, retreating from the daily high, as buying driven by speculation over a near-term rate hike by the Bank of England faltered.GBP/USD...

Forex Pros – The U.S. dollar retreated from a five-week high against the yen on Monday, after the greenbacks gains prompted heavy selling by Japanese exporters to lock in profits.USD/JPY hit 83.1 during late...

Forex Pros – The New Zealand dollar was down against its U.S. counterpart on Monday, following the release of worse-than-expected domestic data on retail sales.NZD/USD hit 0.7555 during late Asian trade, the daily low; the...

Forex Pros – The Australian dollar moved back above parity with its U.S. counterpart on Monday, after official data showed that Australian home-loan approvals rose more-than-expected in December.AUD/USD hit...

Forex Pros – Asian stocks were broadly higher on Monday, amid receding tensions in Egypt after President Hosni Mubarak resigned, while the Nikkei was boosted by better-than-expected Japanese GDP...

Forex Pros – The week ending February 11 saw the U.S. dollar rally to a one-month high against the Swiss franc as better-than-expected U.S. data lifted the outlook for U.S. growth, while weak inflation data weighed on the...

Forex Pros – Last week saw the U.S. dollar climb to a five-week high against the yen, as rising U.S. Treasury yields and encouraging U.S. economic data boosted the outlook for U.S. growth.USD/JPY hit 83.66 on Friday, the...

Forex Pros – The week ending February 11 saw the U.S. dollar close higher against the euro for a third week, as initial relief over Egyptian President Hosni Mubarak’s resignation gave way to concerns over further...