- U.S. Non-Farm Payrolls (NFP) to Pick Up From Lowest Print Since . - Jobless Rate to Hold at 6.1% for Second Consecutive Month. Trading the News: U.S. Non-Farm Payrolls A pickup in U.S. Non-Farm Payrolls (NFP) may spur a further decline in the EUR/USD as the Federal Reserve is widely expected to halt its quantitative easing (QE) program at the October 29 policy meeting. What’s Expected: Why ...
- U.S. ISM Manufacturing Survey Expected to Fall Back from Highest Reading Since March 2011. - Even Though Employment Component Narrowed in August, Still Marked the Second-Highest Print for 2014. Trading the News: U.S. ISM Manufacturing A downtick in the ISM Manufacturing survey may generate a bearish dollar reaction (bullish EUR/USD) should the data print dampen the outlook for growth and inflation. What’s Expected: ...
- U.S. Non-Farm Payrolls (NFP) to Increase 200+K for Seventh Consecutive Month. - Would Match the Longest String of 200+K Prints Since 1997. Trading the News: U.S. Non-Farm Payrolls The EUR/USD may face a further decline over the next 24-hours of trade as the U.S. Non-Farm Payrolls (NFP) report is expected to show the world’s largest economy adding another 230K jobs in August while the jobless rate is expected to narrow to an annualized 6.1% from 6.2% the month prior. ...
Talking Points NFP Is a Highly Anticipated News EventExpectations are Set at 230kTraders Will Track the USD Based on Results The release of the monthly Non-Farm Payroll figures is a highly anticipated moment for Forex traders. This is with good cause as the Non-Farm Payrolls, also known as NFP, has been historically known to produce volatility in the market place. As with other news releases on the economic calendar, traders will use this data to determine the ...
Dollar Traders Look Ahead to a Return of Liquidity and NFPs Relative performance versus weakened cross currencies and a stable economic footing are unlikely to drive EURUSD below 1.3000 or GBPUSD through 1.6500. The next leg will be decided between Fed rate forecasts and the level of volatility in the markets. As it happens, ...
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