Posted: 04 Jun 2010 08:51 AM PDT

<a href="http://www.coveritlive.com/mobile.php/option=com_mobile/task=viewaltcast/altcast_code=2be1c1151d">Non-farm Payrolls Release Live Coverage With Valeria Bednarik</a>

Sell the rumor buy the fact?

Posted: 04 Jun 2010 04:55 AM PDT

Market has triggered a strong risk aversion movement, with EUR/CHF falling under 1.40, almost 150 pips in a couple of minutes, before rumors now Hungary is next Greece… market is way too sensitive! and i will be covering the NFP Live from Fxstreet.com home page… see you there in 15 minutes!

Another NFP day

Posted: 04 Jun 2010 04:34 AM PDT

Hi everyone, and welcome back! Market is extremely nervous awaiting for the data, with dollar and yen tending higher, risk switch is on! However, no trend settings today, no comments on majors, but the levels to watch: Payroll can trigger rallies any way, or not trigger anything at all (this last, I doubt). Market is waiting for a huge reading, a bit too much for me, more after Canada employment data, show a better than previous month reading, yet under expectations. There is a chance American one comes in line with that. Anyway, a reading above 300K will be the best one since 2006, so that should mean something for greenback.

Here is the link for today's calendar:

http://www.fxstreet.com/fundamental/economic-calendar/

Have a great day!