The US job market continues looking good: a drop to 232K this week, one of the lowest levels in recent months. The Philly Fed Manufacturing Index also provided a beat: a score of 48.8 points, around double the early expectations. The US dollar is bouncing on the news, but politics play a bigger role in market movements. US jobless claims were expected to tick up from 236K to 240K in the weekly barometer of the labor market. The Philly Fed Manufacturing Index for May carried expectations for a drop from 22 to 19.5 points. The US dollar is back on the back foot. New revelations about the Trump team’s relations with Russia weighed on the greenback. Earlier, the announcement about a special counsel helped calm markets for a while. USD/JPY best reflects the ebb and flow regarding the mood. In addition to the dollar moving with the political mood, the yen is a safe haven currency. 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 Forex News Today: Daily Trading News share Read Next USD: What’s The Trade Into Comey’s Testimony Next Week? Yohay Elam 6 years The US job market continues looking good: a drop to 232K this week, one of the lowest levels in recent months. The Philly Fed Manufacturing Index also provided a beat: a score of 48.8 points, around double the early expectations. The US dollar is bouncing on the news, but politics play a bigger role in market movements. US jobless claims were expected to tick up from 236K to 240K in the weekly barometer of the labor market. The Philly Fed Manufacturing Index for May carried expectations for a drop from 22 to 19.5 points. The US dollar is back on… 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.
