Don’t waste your time – keep track of how NFP affects the US dollar!

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Trading plan for December 6

Information is not investment advice

NFP data will highlight the first Friday of the month. The forecasts is positive but traders should pay attention to the actual release.

At the same time, you will get a chance to trade on the Canadian jobs figures. 

Avoid trading USD/CAD as both releases will be out at 15:30 MT time. Pay attention to EUR/USD, USD/JPY, and AUD/USD. 

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Weekly Market Outlook: January 18-22

While Donald Trump says his last words as the US President and Joe Biden brings his oath this week, the CAD, JPY, and EUR will see their Central Banks share their respective monetary strategies. In the meantime, while the USD gets stronger, oil and gold take a pause. So, how do we trade Forex this week?

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