Big hints for the BOE and the NFP lined up

Published date: 3 Aug. 2016 | 12:07

Updated: 15 Dec. 2016 | 18:51

The US dollar is on the back foot after weak data and the yen has been stimulated by the fiscal stimulus program and lack of helicopter sounds. The dollar now faces two big releases: ADP NFP and the ISM Non-Manufacturing PMI, both serve as hints towards the all-important Non-Farm Payrolls. Also for the UK, the last of the PMIs could set the final touch ahead of the extremely important BOE decision, in which Carney should make a move. Note that the political developments in the US are now monitored more closely.

Wrap up of the morning show:

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. Yohay's Google Profile

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