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NFP still echoes – AUD/USD now in play

Consolidation is the name of the game after the dollar surged forward. Is a rate hike priced in? It doesn’t seem so. EUR/USD remains weak and AUD/USD is vulnerable ahead of more Chinese data. A quiet calendar doesn’t imply a quiet day. Wrap up of the morning show:

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.