Powerful Yen Intervention, Aussie Tests and Goldman Move in

On the weekly interview on Forex TV, I spoke with Julie Sinha about the aftermath of the massive yen intervention, the tests for the Aussie’s strength after reaching a two year high, Goldman Sachs’ effect on EUR/USD, the calendar and more. Enjoy:

Note also some technical levels of selected currency pairs, such as the Swissy. USD/CHF is now struggling with parity and this battle isn’t finished. The Swiss rate decision could go both ways – an intervention to weaken the Swissy or a rate hike on the Libor rate at the other end of the scale.

Also note Friday’s busy calendar, also discussed in the video.

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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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