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Forex Crunches for the Weekend – October 22

Tension continued to mount towards the European summit held this Sunday. Before the markets reopen on Monday and react to the results of this summit, it’s time for some long term reads for the weekend. Enjoy!

The euro’s ride began to face limits, as the promises began meeting reality. There probably won’t be any magic solution.

  • Macro Man discusses current global affairs in an unusual way of 20 Ifs. Quite amusing.
  • Mish explains why protectionism cannot bring prosperity as the current crisis brings ideas of protectionist measures.
  • James Chen seeing a long term tentative breakdown in the price of gold.
  • Lior Cohen  brings a long term outlook for prices of natural gas.
  • Casey Stubbs has a nice video of a recent forex scalping webinar made with Michael Storm.
  • Anna Timone reports and analyzes the new CFTC limit on commodity speculation.
  • Michael Greenberg provides the latest US forex broker profitability reports. All in all, there’s a rise in profitability.
  • Francesc Riverola reports that  Joseph Trevisani, Chief Market Analyst at FX Solutions is leaving the company after 10 years.
And here the long term articles published on Forex Crunch this week:
That’s it. Have a great weekend and if you haven’t grabbed the forex outlook for Q4, you can download it by joining the newsletter below.

Yohay Elam

Yohay Elam

Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.