Good mood continues – focus on EUR, GBP


Higher oil, Draghi’s pledge to act and strong Chinese loans all contribute to more “risk on” pushing down the euro and the yen while helping most other currencies. Has the faith in central banks returned? Or is this just a small correction within the doom and gloom trend? The focus today is on UK inflation data and German business sentiment ahead of the Fed’s meeting minutes tomorrow.

Wrap up of the morning show for February 16th 2016:

Get the 5 most predictable currency pairs

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 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.

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