The ongoing swine flu crisis will continue to make the forex market sneeze. Apart from that, CB Consumer Confidence is the main economic indicator of the day. And there’s more! Let’s dive in: The swine flu is spreading quickly around the world, and cases have been reported virtually everywhere. This ignites fears of more economic pain – something that flocks traders into the dollar – risk aversion. More about the Swine Flu and the Dollar. Swiss UBS Consumption Indicator is a major gauge for the Swiss economy. It will shake the Swissy. Later in Switzerland, SNB Governing Board Chairman Jean-Pierre Roth will deliver an important speech. The move to intervene in the forex market to weaken the Franc hasn’t succeeded. I wonder if he’ll relate to that. In Britain, CBI Realized Sales is expected to get slightly better, and fall by 40 points, better than last month’s -44. The British Pound will be moved by this. In the US, CB Consumer Confidence is predicted to rise to 29.6, from the deep lows of 26. These figures are terrible, and if there’s no surprise, it means that American consumers are still worrisome. Jsut before the end of the day, Trade Balance in New Zealand is expected to show a surplus, but smaller: 250 million instead of 489 million. Happy Forex Trading! 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. Yohay's Google Profile View All Post By Yohay Elam Daily Look share Read Next Forex Demo Account for Money Management Yohay Elam 14 years The ongoing swine flu crisis will continue to make the forex market sneeze. Apart from that, CB Consumer Confidence is the main economic indicator of the day. And there's more! Let's dive in: The swine flu is spreading quickly around the world, and cases have been reported virtually everywhere. This ignites fears of more economic pain - something that flocks traders into the dollar - risk aversion. More about the Swine Flu and the Dollar. Swiss UBS Consumption Indicator is a major gauge for the Swiss economy. It will shake the Swissy. Later in Switzerland, SNB Governing Board Chairman Jean-Pierre… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
