Positive mood ahead of important Chinese data

Commodity currencies are leading the charge in a positive sentiment that keeps EUR/USD in balance and the yen on the back foot, quite different than previous days. The next market mood depends a lot on Chinese trade data: these are figures that are hard to disguise. Watch out for the changes in imports and exports rather than the bottom line balance.

Wrap up of the morning show for April 12th 2016:

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

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