Conference Board Leading Index – Australia

Yeah, it may sound like a question on a Facebook quiz, but knowing yourself is critical in finding the right system.

We’ve got another NFP report coming our way this Friday. And if you need to get up to speed on what happened last time and what’s expected this time, then gear up by reading up on today’s Forex Preview for the December NFP report.

The ECB maintained its monetary policy. That was expected, though, so volatility was subdued during the morning London session, as forex traders waited for the ECB press conference. The safe-havens got a little boost, though, probably because of all that uncertainty.

If you don’t know yet for some reason, the U.S. economy only grew by 1.2% in Q2 2016, which is waaaay below the consensus of 2.6%, and so the Greenback dropped as a result. Why? What happened? Time to find out!