Global gloom boosts EUR & JPY, hurts the rest

Global gloom boosts EUR & JPY, hurts the rest –

The risk averse atmosphere provides lots of opportunities in clear correlations. There are at least 5 fresh reasons for this. Is it going to be over soon? Consumer confidence could help, but for EUR/USD, a lot depends on the stream of inflation figures, which are in play now.

Update: German inflation came out below expectations and knocked the euro down.

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. Yohay's Google Profile

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