Forex Analytix - Trading Day Ahead

Forex Analytix Day Ahead in Trading June 7th, 2024

June 07, 2024 Blake Morrow
Forex Analytix Day Ahead in Trading June 7th, 2024
Forex Analytix - Trading Day Ahead
More Info
Forex Analytix - Trading Day Ahead
Forex Analytix Day Ahead in Trading June 7th, 2024
Jun 07, 2024
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. 

Show Notes

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.