Watch wages for the next move in USD

It’s NFP day and the US dollar is finally stabilizing after a big fall in the closing day of Q1. The focus is ever growing on wages: the Fed’s focus is on its inflation mandate and job gains could be subsided. We covered the levels to watch in the NFP components, the levels to watch in currencies and which currencies to watch in each scenario. Could the data overcome Yellen’s shadow? We’ll know soon enough

Wrap up of the morning show for April 1st (sorry, no April Fool’s jokes inside):

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 posts by Yohay Elam