Never miss a story from David Maycotte

Subscribe to receive daily updates on publications
Please enter valid First Name
Please fill out this field.
Please enter valid Last Name
Please fill out this field.
Please enter valid email
Please fill out this field.
Please select a country

I’d like to receive information from DailyFX and IG about trading opportunities and their products and services via email.

Please fill out this field.

Your Forecast Is Headed to Your Inbox

But don't just read our analysis - put it to the rest. Your forecast comes with a free demo account from our provider, IG, so you can try out trading with zero risk.

Your demo is preloaded with £10,000 virtual funds, which you can use to trade over 10,000 live global markets.

We'll email you login details shortly.

Learn More about Your Demo

You are subscribed to David Maycotte

You can manage your subscriptions by following the link in the footer of each email you will receive

An error occurred submitting your form.
Please try again later.

Talking Points:

US ADP Employment Change disappointed in May as it registered at the lowest level since January. ADP is closely watched by market participants to gauge a feel for the highly anticipated jobs report - US NFP. The miss and downward revision does not promote a positive tone moving into the report on Friday. DailyFX Quantitative Strategist David Rodriguez discusses how key events may disappoint, putting the recent US Dollar a rally at risk.

The Japanese Yen rose against the US Dollar, extending gains from earlier. On a broader perspective, USDJPY is positive above 101.75, according to DailyFX Strategist Jamie Saettele.

US ADP Misses Ahead of NFP, USD/JPY Slides Lower

USD/JPY5-minute – using FXCM Marketscope 2.0.

US NFP.

-- Written by David Maycotte, DailyFX Research Team. Questions, comments or concerns can be sent to dmaycotte@FXCM.com.

Want to trade with proprietary strategies developed by FXCM? Find out how with Mirror Trader.