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Dollar defies doves – on the Fed, Greece and more

No hike didn’t mean no dollar drive higher. What’s going on? We digest the dovish Fed from all angles, before looking at  the implications of the Greek elections and looking at the never resting markets.

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  1. After the Fed: The Fed did NOT raise rates and went dovish in general. But why did the dollar rise? What factors should we watch now? We cover Yellen’s bait and switch, employment (just a bit more needed), inflation (China to blame), financial markets (China to blame) and the direction of the dollar looking forward, looking at other central banks as well.
  2. Greek elections: Tsipras won a landslide victory, defeating his opponents but Greeks remain defeated. We discuss what happened and when the Greek crisis comes back from the back burner.
  3. Preview of upcoming events: China remains in the limelight and the central bank ball moves to Draghi’s court. Life goes on after the Fed and volatility remains high.

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Yohay and Lior hold no positions on any of the stocks and financial instruments that were mentioned on the show. The podcast should be used for general information. This isn’t financial advice.

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.