AWARDS

What is it? It checks the difference in value between imported and exported goods and services during the reported month.

Export demand and currency demand are directly linked because foreigners must buy the domestic currency to pay for the nation's exports. Export demand also impacts production and prices at domestic manufacturers.

Usual Effect: If the actual number is bigger than the forecast, you can expect the USD to rise.

When? October 3rd at 08:30am Eastern Time.

Trading Tip: The announcement can greatly affect the USD, make sure to make your trade before.

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Non-Farm Employment Change

Oil Drops Below $90

Unemployment Claims

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What is it? It checks the change in the number of employed people during the previous month, excluding the farming industry.

Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity.

Usual Effect: If the actual number is bigger than the forecast, you can expect the USD to rise.

When? October 3rd at 08:30am Eastern Time.

Trading Tip: The announcement can greatly affect the USD, make sure to make your trade before.

Talk to us to get get FREE signals and start earning now: 

Other top stories: 

Oil Drops Below $90

Unemployment Claims

4 Tips for Today's Trading - 2/10

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The stocks in the US continued to drop as a result of speculation that the Federal Reserve may higher interest rates soon.

Markets in Japan and Europe also did poorly today from different reasons. One of the reasons may be that investors are expecting the European Central Bank’s press release. The Yen however got stronger against the Dollar today.

Gold is still trading low but that might change tomorrow when the NFP will release their report.

Trading Tip: There are a lot of important announcements in the next few hours and tomorrow. Follow them and make sure to trade to take advantage of the information.

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Euro Rebounds

Oil Drops Below $90

4 Tips for Today's Trading - 2/10

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What is it? It checks the difference in value between imported and exported goods during the reported month.

Export demand and currency demand are directly linked because foreigners must buy the domestic currency to pay for the nation's exports. Export demand also impacts production and prices at domestic manufacturers.

Usual Effect: If the actual number is bigger than the forecast, you can expect the CAD to rise.

When? October 3^rd at 08:30am Eastern Time.

Trading Tip: The announcement can greatly affect the CAD, make sure to make your trade before.

Talk to us to get get FREE signals and start earning now: 

Other top stories: 

Oil Drops Below $90

Unemployment Claims

4 Tips for Today's Trading - 2/10

Follow us and SHARE this story on Facebook/Twitter: