Home Focus on Pound, Euro Bears, and a Peak to Next Week

Focus on Pound, Euro Bears, and a Peak to Next Week

The Euro bears are back in town. In a wrap up of the week on Forex TV, I spoke with Julie Sinha about the vulnerability of the Euro, technical levels of major pairs (including the Aussie) and more. Enjoy, and have a great weekend!
Looking at the Spanish bonds gives us a good indicator of what the markets feel about the Euro – yields of 5.40% reflect the highest close to date. This is one of the bad signs.

After a frustrating week of range trading, the pound is likely to break out. Inflation, employment, speeches and more indicators will shake the pound – the currency in focus next week. In the interview I’ve also covered other events next week, as trading becomes thinner towards Christmas.

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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.