ADP NFP in focus after Yellen downs the dollar

Fed Chair Yellen repeated a dovish stance, throwing away the hawkish notion some of her colleagues. The moves that began yesterday are intensifying in the fresh European session, with significant breakouts for AUD and NZD. Also EUR/USD is on the move as we get the German inflation numbers. The big US release for today is the ADP Non-Farm Payrolls, the first and only hint for Friday’s NFP. Will it stop the suffering of the greenback?

Wrap up of the morning show for March 30th 2016:

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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