08 May 09 Non Farm Payroll

Posted by Ivan at 11:38 AM Friday, May 8, 2009
Dear Graduates,

Today is Non Farm Payroll which always takes place on the first Friday of each month. The time of the news release is at 8:30 PM.

The market for the currency pairs are moving sideways. Traders could be staying out from the market before the news release.

At this point of time, there may not be many opportunities for USD CHF as compared to the other 3 currency pairs.

Prepare your trade plan before you engage a trade. Do not trade if you are not prepared.

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