The peak of the day is the ADP Non-Farm Employment Change in the USA, building up expectations for the Non Farm PAyrolls on Friday. Important economic data begins early on Wednesday: In Austtralia, the monthly Retail Sales Trend is expected to show stability, at 0.1%. Also the HIA New Home Sales is a good indicator of the Australian economy and is published by the Housing Industry Association. Later in the day, another speech is expected by ECB President Trichet. Jean Claude Trichet might shake the Euro, which has been dropping this week. Also from Europe: the German Unemployment Change, a very important figure, especially in an election year in Germany. This figure is in the center of every elections, and is important for the Euro. At 13:15 GMT, the Automatic Data Processing will publish the ADP Non-Farm Employment Change – although this figure is quite volatile, forex traders will closely watch it before the Non Farm Payrolls on Friday. And, to close the day, the Crude Oil Inventories in the US could move oil prices. Oil prices have risen to around $50 a barrel following the Gaza war that is looming over the middle east. Note the strength of the AUD and CAD following the high oil prices. 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. Yohay's Google Profile View All Post By Yohay Elam Daily Look share Read Next ADP Plummets – Dollar Falls Yohay Elam 14 years The peak of the day is the ADP Non-Farm Employment Change in the USA, building up expectations for the Non Farm PAyrolls on Friday. Important economic data begins early on Wednesday: In Austtralia, the monthly Retail Sales Trend is expected to show stability, at 0.1%. Also the HIA New Home Sales is a good indicator of the Australian economy and is published by the Housing Industry Association. Later in the day, another speech is expected by ECB President Trichet. Jean Claude Trichet might shake the Euro, which has been dropping this week. Also from Europe: the German Unemployment Change, a… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
