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Between Terror and Thanksgiving – MM #77

We start off by analyzing the FOMC minutes, continue by discussing the impact of the Paris Attacks on markets and continue with Thanksgiving seasonality and its moves before previewing the next events.

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  1. FOMC  minutes: The Fed told us what we already knew: they wanted to give us a hint about December. So why did the dollar slide? We explain.
  2. Terror effect on markets: The  terrible news from Paris and the  consequent events in France, Belgium, Syria and elsewhere certainly caught the world’s attention and also markets were influenced, but it wasn’t a clear cut. Will it impact the ECB?
  3. Thanksgiving trading: Apart from the obvious lower volume,  there are some seasonal effects,  especially for “Cyber Monday”. We drill down the  numbers.
  4. Preview for next week’s events: US GDP stands out in Thanksgiving week but this is certainly not the only event in a week that is crammed early on and becomes light afterwards.

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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.