Preview: Focus on the US consumer [Video]


After two tumultuous weeks, we have a relatively lighter one. This does not mean a lack of volatility and unexpected events could certainly pop up while the Olympic Games are drawing attention. The big events of the week come from a focus on the US consumer: retail sales and consumer confidence take center stage. Also note Germany’s GDP as well as China’s trade balance.

Preview for the week of August 8-12:

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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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