This is what’s going on with EUR and China – MM #65

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It is unusual to see such strong action in August and lots more is coming. We look at the major phenomenons: the situation in China and the euro’s erratic behavior before previewing the big events ahead.

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  1. Chinese economic conditions: China giveth and China taketh away. The turmoil originated from the world’s No. 2 economy. So what’s really going on there?
  2. EUR behavior: How come the euro weakens on good Greek news? And why did it leap when stock markets crashed. We provide an in-depth explanation.
  3. Big events ahead: A full buildup to the NFP which determines the rate hike and the all important ECB meeting promise an explosive week, and that’s not all.

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Yohay and Lior hold no positions on any of the stocks and financial instruments that were mentioned on the show. The podcast should be used for general information. This isn’t financial advice.

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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 the 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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