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NFP Preview: the dollar doesn’t need much to keep the

Yohay Elam
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The Fed is very gradually edging towards a rate hike. While it didn’t happen yet, the bar is lower. A gain of 150K will probably be sufficient, below the 200K expected in previous months. Wage growth acceleration is also not really needed. The US dollar momentum could be derailed if the headline dips under 100K. Note the unemployment rate, but only for political reasons.

Video preview of the big event, scheduled for October 7th at 8:30 EST, 12:30 GMT:

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.

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