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[B]US Congressional Elections and Australian Rate decision are the main topics on our menu today. Here is an outlook on the market movers of this day.[/B]

In the US, Congressional Elections, US voters will head to the polls with the entire House of Representatives and one-third of the Senate at stake. The high level of uncertainty in surveys suggests that many races may be too close to call immediately and some outcomes may not be known until Wednesday. The most recent polls suggest that Republicans will win control of the House, but fall short of winning a majority in the Senate, leading to split control of Congress keeping open the potential for significant surprises. A failior to obtain a distinct majority will ...

[B]Tension is mounting towards the FOMC decision about QE2 – the dollar printing program that rocked the markets for a long time. Here are 5 scenarios for the big decision by Bernanke, and the expected impact on the dollar.[/B]

Since mid August, the main theme in the markets has been a second round of quantitative easing – a second program by the Federal Reserve to buy bonds. The goal of the program is to pump money into the economy, encourage banks to lend money, and encourage consumers to spend. The high unemployment rate and the lack of significant growth worries the Federal. The worst nightmare is of a long deflationary era – when prices go down, consumers prefer to wait, slowing the economy even more, especially ...

[B]While daylight savings time still prevails in North America, European countries already shifted their clocks towards the winter. This anomaly will last only one week – but it’s the most likely the most tight week of the year. Here’s how this will impact trading.[/B]

The New York and London sessions are the most intense and usually the most volatile in the forex market. Both cities are major global financial centers.

Read the rest of the article about [URL="http://www.forexcrunch.com/tight-clocks-in-a-tight-week/"][I][B]forex trading and DST[/B][/I][/URL].

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