There are no major expirations to consider for the day. Therefore, trading sentiment today will mostly depend on two main factors. The first of these is the obvious, namely US non-farm employment data. The second is the movement in the bond market. This week’s strong bidding in Treasuries has made things difficult to understand in the broader markets, so let’s see if that continues today.
For more information on how to use this data, you can refer to the article here.
This article was written by Justin Low at www.forexlive.com.