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EUR/USD marches forward – NZD/USD in focus now

The euro, pound and yen continue gaining ground against the US dollar on further weakness seen from the US. However, the Aussie was hit by the RBA. The focus is now on the kiwi dollar: the bi-weekly milk auction and the quarterly jobs report are eyed. Will the kiwi follow the falling Aussie? Also note potential BOJ intervention against the yen and perhaps some dissatisfaction from the ECB on the advance in the euro.

Wrap up of the morning show for May 3 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.