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Forex Crunches for the Weekend – June 18

What a week this was. The Euro was badly hit by the Greek crisis that took over the headlines everywhere. The markets are closed now, and it’s time to sit back and enjoy some long term forex related articles. Here are my picks. Enjoy!

The action in Greece has also weighed on the price of oil, that has dropped to significantly lower levels. This also aids the dollar. Don’t worry, the action concerning Greece continues through the weekend as well. After a first emergency meeting failed earlier in the week, a new one was set for Sunday.  Will this one be more successful?

  • Michael Sheldock bashes the IMF and the EU for their lack of logic around the Greek crisis.
  • Adam Kritzer asks if the S&P 500 has decoupled from the Euro.
  • Kathy Lien provides a great graphic that lays out all the relevant credit data for the troubled EU countries.
  • Andriy Moraru continues his series towards ATC, and writes about the components of a successful EA.
  • Casey Stubbs produced a great video about how to use the Forex Power Indicator.
  • Mike Kulej reviews the platform of IBFX.
  • Micheal Greenberg reports that Duksacopy is also withdrawing from the US market due to the Dodd-Frank rules. They’re not the first ones to go.
  • Francesc Riverola reports that CMC Markets brings spreads below one pip. Will the others follow?

Here are some long term articles published on Forex Crunch this week:

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.