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EUR/USD bounces off support – awaits Draghi

After the greenback retreated from the highs and as US traders rest on Armistice Day, a few events stand out: employment from the UK and Australia and a speech from Draghi. Can the ECB president push EUR/USD below support? The pair survived the first test but now it faces lower liquidity and perhaps interesting comments from Draghi. 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.