Forex Crunches for the Weekend

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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:

That’s it. Have a great weekend!

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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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