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Key data after the dollar trumps rivals

While Americans have a clearer choice between outlandish Trump and mainstream Clinton, the USD remains at crossroads: it made an impressive Turnaround Tuesday after being beaten. Is the correction over? Key hints for the Non-Farm Payrolls await traders: ADP NFP and the forward looking ISM Non-Manufacturing PMI. Also note yet another busy night for the Australian dollar with a bulk of data releases. And while the euro has consolidated its position outside the safe haven camp, the yen has not said the last word.

Wrap up of the morning show for Wednesday, May 4, 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.