Trade Zone Week Ahead with Vee Phan (Track Record): 8th May – 12th May
With the release of the Nonfarm Payrolls report from the U.S. Bureau of Labor Statistics on Friday, showed a rise of 253,000 in April. This was better than the market expectation for 179,000, with Unemployment Rates edging lower to 3.4% from 3.5%. The US Dollar gathered strength against its rivals in the early afternoon of Friday, in a positive reaction to April jobs.
Recap Monday’s (Week Commencing 08.05.23) live stream as Vee Phan follows on from last week’s insight into the Fed’s Policy Meeting and the U.S. NFP, beginning your trading week with more fundamental and technically researched trade opportunities across Forex and Indices. After his informative first-week delivery, watch Vee’s second instalment of the Trade Zone Week Ahead. A former team leader at Morgan Stanley, get the tips and tricks of the trade you need to make your mark in the week’s financial markets.
* The information provided on this page are the opinions of the author and do not necessarily reflect the opinions of Eightcap and are not endorsed by Eightcap.
Any person acting on the information presented on this page does so entirely at their own risk. No representation or warranty is given as to the accuracy or completeness of this information. Any research provided does not have regard to any specific investment objectives, financial situation and needs of any specific person who may receive it.
Margin trading involves a high level of risk and may not be suitable for all investors. You should carefully consider your objectives, financial situation, needs and level of experience before entering into any margined transactions with Eightcap, and seek independent advice if necessary.