Author: Yonny Zohar

Forex Pros – The New Zealand dollar was down against its U.S. counterpart on Wednesday, after remarks by the country’s finance minister raised fears that the country could be in a double-dip recession.NZD/USD hit...

Euro: On the daily, euro bouncing off next 50% at 1.35489, with a target at 1.40019. The greater 50% short at 1.36242 is acting as resistance.On the 15 min chart, the euro is still in an extension short setup at 1.36364, with a...

Forex Pros – The euro erased gains against the U.S. dollar on Monday, sliding to hit a two-week low after official data showed that German factory orders fell significantly more-than-expected in...

Forex Pros – The euro was trading close to a three-week low against the broadly stronger pound on Monday, as growing expectations that the Bank of England will raise interest rates by the middle of the year...

Forex Pros – German factory orders fell significantly more-than-expected in December, official data showed on Monday.In a report, Deutsche Bundesbank said factory orders fell by a seasonally adjusted 3.4% in...

Forex Pros – The U.S. dollar was trading close to an eight-day high against the Swiss franc on Monday, after Friday’s strong U.S. jobs data lifted sentiment and concerns over political...

Forex Pros – European stock markets were broadly higher on Monday, hovering near 29-month high amid mounting optimism over the global economic recovery, while U.S. futures indexes pointed to a higher open on...

Forex Pros – Investor confidence in the euro zone rose more-than-expected in February, jumping to the highest level since September 2007, industry data showed on Monday.In a report, market research group,...

Forex Pros – The U.S. dollar was mixed against its major rivals on Monday, as risk appetite improved after data on Friday showed that the U.S. economy added significantly fewer than expected jobs in January,...

Forex Pros – The pound surged to a two-day high against the U.S. dollar on Monday, as strong U.K. data bolstered expectations that the Bank of England will raise interest rates faster than the U.S. Federal...