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Some USD demand – US GDP main event for the short week

The US dollar gains some ground ahead of the Christmas holiday. The unclear results of the Spanish elections have little impact on the euro so far while the echoes of the Fed continue supporting the dollar. The next big events are final US GDP and also durable goods orders and new home sales. Will low liquidity see extreme moves or are we already in the quiet season? 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.