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Non-Farm Employment Change to Drive USD Volatility

November 6th, 2009 Posted in Market Movers, The US Dollar Bookmark and Share

Today, the forex market is yet again set for another mouthwatering trading day. The most important publication will be the Non-Farm Employment Change from the U.S at 13:30 GMT. This release is forecast to set the tone for the USD and its main crosses, as this week’s trading comes to a close. Already, the USD/JPY cross has experienced much volatility today, as it trades down by nearly 25 pips at the 90.45 level. As the trading day continues, market volatility will only continue to rise. So what are you waiting for? Enter the Dollar’s main crosses whilst the money is still in the making!

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