Michael Woolfolk of Bank of NY Mellon spoke with Julie Sinha on Forex TV about the roller coaster in the EUR/USD, the recent positive US figures, and the importance of Non-Farm Payrolls to forex trading in the month left until the end of the year. Enjoy:
Woolfolk also discusses typical trading patterns that happen in December. Will those patterns repeat themselves this year? We had very volatile trading in recent months, and the first two days of December proved to be no different. So many factors pulling to all directions.
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