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Markets in good mood ahead of the ADP NFP

Better than expected figures from most corners of the world, with a beat in US manufacturing, certainly helps commodity currencies and weighs on the safe haven yen and the ECB-focused euro. Will this continue? Apart from the usual oil inventories, the ADP Non-Farm Payrolls release stands out as the next big hint towards Friday’s big event.

Wrap up of the morning show for March 2nd 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.