On Black Friday, the dollar continues to be in the black, following the present it got from the Dubai crisis. A second wave of weakness sweeps the dollar higher. The Yen has halted, after reaching 85. Not too many events today. Let’s see what’s up for today: In Germany, Import Prices rose by 0.5%, 0.1% more than predicted, but this doesn’t help the Euro too much: EUR/USD is at 1.4850. The breakout to 1.5140 is forgotten. Later in Europe, Consumer Confidence is predicted to remain at -18, still in the pessimistic zone. In Switzerland, the KOF Economic Barometer is predicted to make a neat rise, from 1.45 to 1.85 points, and show the strength of the Swiss economy. USD/CHF, which went below parity just two days ago, is now quite far from it, at 1.0158. In Canada, Current Account is expected to show a higher deficit, of 12.9 billion this time. The Canadian dollar doesn’t enjoy Russian transactions anymore, and USD/CAD is high, at 1.0731. The Pound isn’t expecting any news today. GBP/USD is also suffering quite badly from the Dubai World crisis, with British banks having to cover the debt. GBP/USD is down to 1.6360. This follows the reality check for the Pound – the UK is still in recession. That’s it for today. Happy forex trading, and happy shopping! Get started from as low as $30/month for FXTechstrategy premium services. 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 Purpose of Demo Trading: What it is, and what it is not Yohay Elam 13 years On Black Friday, the dollar continues to be in the black, following the present it got from the Dubai crisis. A second wave of weakness sweeps the dollar higher. The Yen has halted, after reaching 85. Not too many events today. Let's see what's up for today: In Germany, Import Prices rose by 0.5%, 0.1% more than predicted, but this doesn't help the Euro too much: EUR/USD is at 1.4850. The breakout to 1.5140 is forgotten. Later in Europe, Consumer Confidence is predicted to remain at -18, still in the pessimistic zone. In Switzerland, the KOF Economic Barometer is predicted… 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.
