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Buck breaks – BOE Super Thursday, NFP tensions dominate

Dudley and the services PMI hit the dollar hard, and we finally saw EUR/USD surging. Another rate hike in 2016 seems somewhat distant and this could imply further falls. But, perhaps the NFP can save the day for the dollar? In the meantime, the BOE’s rate decision, meeting minutes and Quarterly Inflation Report all form Super Thursday.

Wrap up of the morning show after the big dollar sell off, which actually continues:

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.