Trading the News: U.S. Non-Farm Payrolls (NFP) A 180K expansion in U.S. Non-Farm Payrolls (NFP) accompanied by a downtick in the jobless rate may trigger a near-term decline in EUR/USD as the ongoing improvement in the labor market puts increased pressure on the Federal Open Market Committee (FOMC) to raise the benchmark interest rate sooner rather than later. What’s Expected: Why Is This Event Important: ...
This is the 1st video in a series on economic reports created for all markets, or for those who simply have an interest in economics. In this and the next lesson, we cover the Employment Situation Report, also known as Non Farm Payroll. ============ Non-farm Payrolls (metatrader5.com) Non-farm Payrolls is the assessment of the total number of employees recorded in payrolls. This is a very strong indicator that shows the change in employment in the country. ...
US CB Consumer Confidence, Canadian GDP data, US ISM Manufacturing PMI as well as important employment figures including the all-important monthly NFP report on Friday. These are the main market movers on our weekly outlook. US CB Consumer Confidence: Tuesday, 14:00. Economists expect consumer moral will reach 97.2 in August.US ADP Non-Farm Employment Change: Wednesday, 12:15. Estimates for the ADP report are for a 173.000 job gain ...
Trading the News: U.S. Non-Farm Payrolls Another 180K expansion in U.S. Non-Farm Payrolls (NFP) accompanied by a downtick in the jobless rate may boost the appeal of the greenback and trigger further losses in EUR/USD as it puts pressure on the Federal Open Market Committee (FOMC) to further normalize monetary policy in 2016. What’s Expected: Why Is This Event Important: Even though Fed Funds ...
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