A very volatile week passed in Athens, Brussels and Berlin. Work on a deal for Greece will continue into the weekend, but the markets are closed. It’s time to sit back and enjoy some long term forex-related article for the weekend. Here are my picks. Enjoy!
Mario Draghi was a star once again. The moderator of the press conference already thanked the reporters, when Draghi had a “one more thing” moment, in which he gave a general outline about how Greece can receive aid from the ECB. This theme will remain with us for a long time.
- Lior Cohen analyzes the potential of silver prices in 2012.
- Adam Button of Forex Live provides a technical case for going short on GBP/USD.
- Mish looks at petroleum usage and drop in global shipping and provides worrying outlook for the global economy. Also China reported less activity.
- Kathy Lien explains why the Bank of England had reasons to ease, while the ECB had little.
- Larry Greenberg discusses the US Jobs Deficit by looking into history. The picture isn’t pretty.
- Felix Shipkevich sees forex gradually deepening its presence in the US financial markets.
- Michael Greenberg reports that Metaquotes integrates Metatrader 5 and CitiFX Pro’s liquidity. This is moving forward.
- Francesc Riverola reports that Currensee was penalized with a funny $10K fine. Francesc notes, and I certainly agree that Currensee didn’t do anything wrong.
Here are some long articles published this week on Forex Crunch. We’ll start with something I’m proud of, related to FXStreet:
- Forex Crunch Nominated for FXStreet Forex Best Awards for Fundamental Analysis – Voting begins on February 20th.
- Dollar Stronger Under Obama – So far, performance outshines George W. Bush.
- Anti austerity factors gaining traction in Greece – This could change the picture.
- QE3 in March has Little Chance – Interview with DailyFX’s John Kicklighter about various fundamental issues.
- Forex Trading: Walk Before You Run – Take it one step at a time.
- Growing Divide Between Stability of US and European Banks – These are the Too Big To Fail banks we’re talking about.
That’s it. Have a great weekend!Get the 5 most predictable currency pairs