Risk off light - focus on AUD and NZD

Risk off light – focus on AUD and NZD

After the not so good US data, the US dollar looks a bit weaker, but this is replaced with a light “risk off” environment favoring only the yen an the euro over the greenback. With no significant US figures, Australia and New Zealand are in the limelight: The RBA left all the options on the table but does not seem to be in a hurry. In New Zealand, milk prices and the quarterly employment report are due to give the kiwi a new direction.

Wrap up of the morning show for February 2nd:

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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