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I'm continually impressed with Currency Trader Magazine. The publication consistently has quality content, even though I'm sure it's on a shoe-string budget.

The fact that it's only available in e-edition cuts down the printing cost and when you target people who spend their time online anyway, what's the big deal whether it's PDF or hard copy?

With that said, this month you can look forward to the following features:

- ON THE DOWNSIDE: Yen and Swissy

- TWEAKING THE EURO: Momentum Strategy

- PRICE RUNDS: In the Dollar-Swiss Pair

- BEHING THE KIWI: Breaking Down the New Zealand Dollar

- CHINA CURBS: Currency Speculation

It's officially just over three hours to the time that the United States will release its Non Farm Payroll data. Not only that but preceding that by 45 minutes is going to be the ECB interest rate decision.

Trading Post is holding a special Non Farm Payroll webinar for the second consecutive month and this time around there is expectation of fireworks. Trading Coach Harold Fretheim will not be available as he spends the July 4 holiday with his family, but he did make a few remarks before he left.

First, 45 minutes before the Nonfarm payroll the ECB will announce an interest rate decision. The ECB is expected to raise the rate from 4% to 4.25%.  And the press conference starts 45 minutes later. Which means that Nonfarm Payrolls will come out at the very moment that Trichet first opens his mouth to speak. Given that that press conference frequently moves the market more than the decision the result could be lively.

Don't forget that the market frequently gets a second wind as the stock market opens up in NYC.  As the stocks respond to the NFP the currency market responds to the stock market.

And, even after that, at 10 AM EDT you get yet ANOTHER major announcement: The Non-Manufacturing ISM will be coming out.  So the fun may well continue.

I look forward to a potentially volatile morning, and hope to see all of you on the webinar.