USD taking a break ahead of the first NFP hint

The dollar is sliding and reversing its gains. UK data could propel the recovering pound and GDP figures are eyed in Canada in a busy week for the loonie. The main dish is the ISM Manufacturing PMI, which could see contraction. The employment component is the hint for the NFP. Also watch out for Fed doves which are speaking today, before the focus returns to Draghi. 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

View all posts by Yohay Elam