Home [Video] EUR and GBP direction, QE2 Choppiness and Examining
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[Video] EUR and GBP direction, QE2 Choppiness and Examining

Tension towards the FOMC decision continues to rise, and the markets are acting in a very choppy manner. In an interview with Julie Sinha of Forex TV, I spoke about the current state of the markets, focusing on the movements in the Euro and the British pound. Enjoy:

The size of Quantitative Easing is the main driver of currencies these days – with important US figures only playing second fiddle. In the interview, I dived into the meaning of the drop in jobless claims, and why the situation is still dire there. Also looking into the good durable orders number, things are still worrying. One currency pair that has reasons to rise is AUD/USD.

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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.