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The week ahead: Action is back with the NFP, OPEC

After the Thanksgiving holiday, traders are set for a busy week, as we enter the final week of 2016. A short buildup to the Non-Farm Payrolls could result in an unpredictable outcome. Also in the limelight, OPEC’s meeting could have a different outcome this time, but this does not necessarily mean a leap in oil prices. Note the inverse correlation between oil and the dollar. Adding a speech from Draghi and fresh PMIs from all over the world, this promises to be a busy week.

Here is a video preview for the week of November 28 to December 2:

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.