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[Video] NFP to Determine Trading To Year End

Michael Woolfolk of Bank of NY Mellon spoke with Julie Sinha on Forex TV about the roller coaster in the EUR/USD, the recent positive US figures, and the importance of Non-Farm Payrolls to forex trading in the month left until the end of the year. Enjoy:

Woolfolk also discusses typical trading patterns that happen in December. Will those patterns repeat themselves this year? We had very volatile trading in recent months, and the first two days of December proved to be no different. So many factors pulling to all directions.

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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.