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Why EUR rallied on Draghi, and what’s next – MM #53

cussing the forex industry’s hot story about Plus 500 and preview next week’s events.

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  1. EUR after the ECB: Draghi tried  to avoid any  excitement. His security detail prevented another confetti incident but his words certainly shook markets. What did he say or didn’t say that triggered this? We discuss the EUR/USD rally.
  2. Oil and natural gas: OPEC ministers are meeting and they will likely pat themselves on the back. But oil is not the only energy sector, but also gas, which is undergoing interesting developments.
  3. Plus500: The rise, fall and another rise in Plus 500 is a messy and interesting story. We  run you through the key events.
  4. Preview of next week’s events: NFP echoes will be accompanied by a focus on the US consumer, and more.

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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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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.