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EUR/USD in a tight wedge – Key NFP hints ahead

Yohay Elam
Published date:

The slump in oil is helping the safe haven yen and the euro is lagging behind. The ADP Non-Farm Payrolls and the ISM Non-Manufacturing PMI are key events for today: they serve as the best hints towards Friday’s all important NFP. Commodity currencies remain split, but today’s oil inventories release could certainly have its say.

This is the wrap up of the morning show for February 3rd 2016.

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.

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