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Varoufakis: 4 problems, 4 solutions – analyzed – #72

We start with analyzing the 4 problems  and 4 solutions that Varoufakis presented in Barcelona, continue with the  data dependent dollar drive and finish with a preview of the interesting week.  

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  1. Yanis Varoufakis in Barcelona: We attended a talk with the ex-finance minister of  Greece that is touring Europe. Apart from his call for democratizing the euro-zone, Varoufakis laid out 4 economic problems and 4  interesting and  straightforward ideas to  trigger real growth. We discuss the topics in a wider context.
  2. Confusing US figures: Some US indicators support the “no-hike” case but some were surprisingly positive. This mix triggers a lot of volatility and it is likely to continue. We organize the data for you.
  3. Preview for this  week: Chinese GDP, a rate decision from the BOC and of course the Draghi show – the ECB decides.

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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.

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.