Author: Yonny Zohar

Forex Pros – The Euro was lower against the Swiss Franc on Friday. EUR/CHF was trading at 1.3144, down 0.28% at time of writing. The pair was likely to find support at 1.2932, Monday’s low, and resistance at 1.3196,...

Forex Pros – The euro dipped against the U.S. dollar on Wednesday, following media reports that Bundesbank president Axel Weber is not a candidate to replace Jean-Claude Trichet as European Central Bank President.EUR/USD...

Forex Pros – The euro eased off a daily low against the pound on Wednesday, after official data showed that the U.K.’s goods trade deficit widened again in December from November’s record gap.EUR/USD retreated...

Forex Pros – European stock markets fluctuated between gains and losses on Wednesday, as investors digested a flurry of mixed earnings reports, while U.S. futures indexes pointed to a lower open on Wall Street. During...

Forex Pros – The U.S. dollar edged up to a three-week high against the Swiss franc on Wednesday, after China’s interest rate increase on Tuesday had a limited impact on the outlook for global growth going...

Forex Pros – The U.K.’s goods trade deficit widened more-than-expected in December, rising to a record high, official data showed on Wednesday.In a report, the U.K. Office for National Statistics said the...

Forex Pros – The U.S. dollar was mixed against its major counterparts on Wednesday, after China’s interest rate increase on Tuesday had a limited impact on the outlook for global economic growth.During European...

Forex Pros – The pound was up against the U.S. dollar on Wednesday, after the Confederation of British Industry raised its inflation forecast and said it was now more likely that the Bank of England would increase interest...

Forex Pros – The U.S. dollar eased up to an eight-day high against the yen on Wednesday, as China’s interest rate increase did little to change the favorable outlook for global growth.USD/JPY hit 82.51 during late...

Forex Pros – The Australian dollar was down against its U.S. counterpart on Wednesday, ahead of the release of Australian employment data which could have a significant impact on the interest rate outlook.AUD/USD hit...