The Forex monthly outlook for November 2012 is available for subscribers of the Forex Crunch newsletter. Fore the first time, it is available both on the site and in PDF format.. To download it for free, just join the mailing list below.
Welcome to November monthly report from Forex Crunch. October saw significantly slower markets in the aftermath of QE3, and as no major breakthroughs were seen in Spain and for Greece. November will probably be different – very different. If no solution is found for Greece, it will run out of money quite soon. The situation in Spain is also shaky – how long will markets be forgiving? And of course, the US presidential elections will probably rock the markets also well after the event, as negotiations regarding the US fiscal cliff will likely accelerate. These are the main themes in the first section.
Specific currency outlooks follow. Each currency outlook consists of two parts: a fundamental overview and a high time-frame technical analysis. In addition, the relative strength index tries to predict how major currencies will rank during November. A timetable of key events and some extra additional notes for forex traders end the report.
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