Spain is trying to calm the markets and convince investors that its economy is still attractive in the long term. Indeed, Spanish bond yields have dropped from the highs seen, but that’s thank to external intervention from the ECB. Jean-Claude Trichet bought bonds from Ireland and Portugal and that eased the pressure on Spanish bonds as well. But troubles are far from over – The Spanish Prime Minister, José Luis Rodriguez Zapatero is under pressure from the EU and investors to make reforms, from supporters of his Socialist Party that oppose the reforms and from the opposition that calls for elections. Regional elections are rolling out in Spain. Last week’s elections in Catalonia saw his Socialist party being ousted, losing to the local CiU party. The yields on Spanish bonds are a good barometer for the European debt crisis and for the Euro. For an outlook and technical levels see the EUR/USD forecast. 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 Forex Bits share Read Next Canadian Dollar – December 6-10 Anat Dror 12 years Spain is trying to calm the markets and convince investors that its economy is still attractive in the long term. Indeed, Spanish bond yields have dropped from the highs seen, but that's thank to external intervention from the ECB. Jean-Claude Trichet bought bonds from Ireland and Portugal and that eased the pressure on Spanish bonds as well. But troubles are far from over - The Spanish Prime Minister, José Luis Rodriguez Zapatero is under pressure from the EU and investors to make reforms, from supporters of his Socialist Party that oppose the reforms and from the opposition that calls for… Regulated 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.