Forex Analytix - Day Ahead in Trading
Following the F.A.C.E. (Forex Analytix Community Experience) daily show, Blake Morrow, CEO of Forex Analytix, gives a quick briefing on what is moving the markets as traders get prepared for the North American trading session.
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Forex Analytix - Day Ahead in Trading
Forex Analytix Day Ahead in Trading June 7th, 2024
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Blake Morrow
Following the strong NFP, Blake discusses the instant reaction in the Forex and stock market and what key levels traders should be focused on. He believes the market came in very short USD's into the data, so the US dollar should stay bid through the session, but also thinks the US equity market may recover. US yields are rebounding on the strong NFP as traders reprice rate cut expectations.