When I write the Online Trading Academy Forex newsletter, I give my opinion about what I believe is happening to the currencies of the world based on the news I hear, the experts I follow, and my personal experiences of the economic cycles I have seen in the past. This fundamental information helps me understand what reports and indicators the economists of the world believe will shape future events.
US Dollar steady in the red as jobless numbers do not move the needle
The US Dollar sinks over 1% against the Japanese Yen. Traders brace for jobless claims and Challenger Job Cuts data. The US Dollar Index could close above 104.00, on track to return to October levels.