The month of May was different than previous months: currencies made significant shifts towards the dollar and the yen and away from all the rest. Also stock markets haven’t been that stable, especially not in Europe. Many money managers need to readjust their portfolios to the new conditions, in order to meet their commitments. This leads to some correction. For now. The month has already ended in Asia, and is about to end in Europe and the US. When all the world will be in June, the necessary adjustments to portfolios will already be over, and the trends seen in May could resume in full force – more flows out of the euro and into the dollar and yen. With no new hope in Europe and a slowing China, some had hoped that the US would be the locomotive of the world and push global growth on its own. Recent US signs haven’t been encouraging. Nevertheless, markets could wait just a bit longer, for the release of the all important US Non-Farm Payrolls for the really big moves. This is always an event that causes tension before the actual release. See how to trade the US Non-Farm Payrolls with EURUSD. 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 Opinions share Read Next Forex Daily Outlook June 1 2012 Anat Dror 10 years The month of May was different than previous months: currencies made significant shifts towards the dollar and the yen and away from all the rest. Also stock markets haven't been that stable, especially not in Europe. Many money managers need to readjust their portfolios to the new conditions, in order to meet their commitments. This leads to some correction. For now. The month has already ended in Asia, and is about to end in Europe and the US. When all the world will be in June, the necessary adjustments to portfolios will already be over, and the trends seen in… Top 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.
