Forex Crunches for the Weekend – November 19

Conditions are becoming more and more tight in Europe. How will this end? Spain will hold general elections over the weekend, and this will definitely impact the markets when they reopen. But now, markets are closed and it’s time to sit back and enjoy some long term reading. Here are my picks for this weekend. Enjoy!

A new government in Italy couldn’t reassure markets, and the ECB’s bond buying was necessary. In Spain, a terrible bond auction also resulted in some ECB buying. But when will the central bank step up its action? Yields are rising in all countries except Germany. Perhaps they’ll act when German yields also rise – and that’s when the euro will suffer even more.

• John Ward reports that ECB president Mario Draghi is concerned about bank fraud in the euro-zone.
• Larry Greenberg analyzes the euro-zone recovery and states that it’s too short and too shallow.
• Ed Harrison analyzes the current situation in the European debt crisis and asks if we are at a tipping point.
• Andriy Moraru has an excellent guide to the STP, NDD and ECN forex brokers.
• Casey Stubbs discusses the evolution of forex traders: 3 stages.
• Mike Kulej talks about computer-driven trading systems, and how they gain traction.
• Michael Greenberg provides interesting details about the recent deal in which Tradestation acquired Interbank FX. This is a change from the original to strike a deal with Gain.
• Francesc Riverola gives us a sneak peek of a new navigating experience on FXStreet. Looks promising

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

• European Citizens Losing Control Case 2: Spain – General elections are held on Sunday.
• Forex Investment for Institutional Clients Launched by Currensee – Another step forward for the social network.
• Use Higher Time Frames – the third chapter of the Trade Forex Responsibly eBook. You can download the full eBook for free.