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USD returns to range – all eyes on the US consumer

After the Fed didn’t provide the bullish ammunition for the dollar, the greenback did manage to gain back some ground and stabilize. The release of retail sales is the key event. After so many disappointments, did the American consumer spend big time in October? We will also get an indication about consumption from the consumer confidence. These events will likely rock markets and set the tone. Wrap up of the morning show:

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.