Positive mood - All eyes on US retail sales

Positive mood – All eyes on US retail sales

Better than expected Chinese exports as well as some hope for higher oil prices support commodity currencies and weaken the euro and the yen. The big event is the US retail sales: will they bounce and keep the better mood or rather cast a dark cloud of a potential US recession? Also watch out for a rate decision in Canada as well as employment data in Australia, with AUD/USD near the highs.

Wrap up of the morning show for Wednesday, April 13th 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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