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Timely research report shows how to protect your money from the coming Obama hyperinflation. Hot topic and extremely well-researched eBook. Approx. $25 commission per copy. Top five popularity in CB Business/Finance category!
The spotlight this week will be placed on the U.S. Nonfarm payrolls report for the month of August. Economists are expecting the labor market in the world’s largest economy to plunge 103,000 after payrolls took a free fall of 131,000 in July. With waning fiscal stimulus likely to impede the recovery in the U.S. in conjunction with tight credit conditions, and an uncertain economic outlook, a disappointing NFP report should not be ruled out. In turn, figures less than expected may lead traders to seek safety, which will lead to gains in the greenback and validate further EUR/USD losses. Market participants should not rule out whipsaw price action ahead of the report or a less than usual reaction to the release as some traders are offline going into the holiday weekend.
Bollinger Bands have long been one of the most popular technical indicators across financial markets, and many forex traders use them regularly in their day-to-day trading. The key question to ask of any forex analysis technique is nonetheless clear: how effective is the Bollinger Bands indicator as a forex strategy? This article will take a closer look at one key Bollinger Band trading strategy on several forex pairs and explores one way to improve its effectiveness.
FX Closing Note - includes coverage of reaction to last three US employment reports. http://ow.ly/2yILv $EURUSD $$
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