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First hint for the NFP coming today [Video]

After the wild end-of-month swings we start the new month with some small weekend gaps and a slightly weaker dollar especially against the Aussie. The latter enjoyed good news from China for a change. The big event on the agenda is the ISM Manufacturing PMI – the first hint towards the all important NFP on Friday. Also the Aussie stays in focus with a very uncertain rate decision in Australia. Wrap up of the morning show:

 

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.