welcome to the homestretch of yet another great week in the adventures of Forex Currency Trading!
Today, there are more heavy hitters on deck in the news then at a home run derby. The US had their jobs report, and ISM’s, and europe has a few too!
The last one coming from Asia this Friday session, is Australis for it’s Index of Commodity Prices!
Starting with Europe, we have German Retail Sales, which are counted monthly. Europe and England Both have the heavy hitting Manufacturing end of the Purchasing Manager’s surveys today.
Switzerland, known for their banks, Fine timepieces, Teuscher Chocolates and the late Clay Reggazoni, are taking a day off, and having a three day weekend. They are having their independence day celebrations today!
NOW, the United States. Well actually, this is the rest of the day!
Right at the opening of the market, is the well, super important Jobs report. The other day we had numbers for unemployment claims at 448K, which was WAY over the 395K. This could be a day to keep your head in the sand if you are looking at the EURUSD.
So, the four horsemen of heavy hitters for the USD today are Non-farm payroll, Unemployment Rate, Average Hourly Earnings and ISM Manufacturing.
After the joy or extreme pain after the jobs report, we will look towards, construction spending, which is not sounding too joyful, heh. Then domestic Vehicle sales and ISM Manufacturing Prices will complete the day!!!
Have A Great Weekend! Have fun and TRADE ON!
Look for more reporting shortly, as promised!!!
Thomas Howell
GoForexTrade.com

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Filed under: Asian Wrap Cap/ European Open News, Europe Wrap Cap/North American Midday News, North Amercian Open/Europe Midday News by Thomas Howell