Dec 10, 2011

Forex Crunch Forex Weekly Outlook December 12-16

Forex Crunch Forex Weekly Outlook December 12-16

Forex Weekly Outlook December 12-16

Posted: 10 Dec 2011 01:00 AM PST

The highly anticipated EU Summit provided mixed results, and currencies remained mixed after a volatile week. The focus now moves to the other side of the Atlantic – to the FOMC decision. In addition, we have German ZEW Economic Sentiment, US retail sales, and Unemployment claims as important market movers this week. Here is an outlook on the most influential events ahead.

Last week Mario Draghi President of the European Central Bank lowered rates to 1.0% and announced new measures to aid the banks but made it clear that he opposes big bond buys meaning there will be no QE at this time. The ECB forecasts recession in 2012. Will these measures stop the “ticking bomb” situation in Europe? Let’s start:

Read the rest of the article Forex Weekly Outlook December 12-16

Forex Crunches for the Weekend – December 10

Posted: 09 Dec 2011 01:00 PM PST

Quite an exciting week ended with Europe still struggling to find a solution to the never-ending debt crisis. How will it end? Where will the euro find itself through this process? 

Until new developments unfold, the markets are now closed and it’s time to lean back and enjoy some long term forex articles. Here are my picks with an extended selection this time.  Enjoy!

Read the rest of the article Forex Crunches for the Weekend – December 10
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