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USD: Glass half full or half empty? – Market Movers #50

Lots of ins and out in the US  labor market situation.  When will the rate hike come? We offer both sides of the argument, talk about the implications of the UK election results, the situation of oil prices and preview the next week’s events in a volatile market.

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  1. UK elections:  David Cameron returned to Downing Street with a surprising majority. What are the implications after the pound rally? There is some risk for two unions. And what can we expect from the BOE? We  discuss the ramifications
  2. US Labor  Markets: We dissect the jobs report released recently: the present is good but the past is  horrible. Also JOLTs are important to watch. And what about the rate hike? Is June still on the cards?
  3. Rising oil prices: Gradually but consistently, the price of black gold is rising.  Can it continue or is it part of the consolidation? We talk about the different forces moving oil.
  4. Preview for next week’s events: The Fed’s meeting minutes will certainly impact markets, and we also get quite a few other interesting figures.

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Yohay and Lior hold no positions on any of the stocks and financial instruments that were mentioned on the show. The podcast should be used for general information. This isn’t financial advice.

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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.