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Yes, today should be very quiet until the U.S. will publish the volatile Non farm payrolls report. expectations in the market that the indicator will come higher than forecasts, in that case we should see a rise in the USD and shortly after a drop as the trend will still be dollar negative, so most traders will take this opportonity to buy the other majors (against the usd) at a lower rate.
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Recently we have seen drop in the USD but I do not think it is going to be for long time. But this has given us a chance to buy other majors at low rates and everybody would like to take advantage of it. |
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