Doom, gloom and yen bloom


The mood in markets has soured on fresh worries, coming in part around individual companies. The yen certainly enjoys it and the euro is also playing along. This comes despite China being closed and no new crash in oil prices. Will oil catch up? Or will we see a recovery? The US JOLTs figure is worth watching as it is of importance to the Fed. Tension is beginning to mount towards Yellen’s testimony, but for now, the mood is all that matters.

Wrap up of the morning show for February 9th 2016:

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About Author

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 the 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.

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