2015-09-04 13:30 GMT | [USD - Non-Farm Employment Change]
- past data is 245K
- forecast data is 215K
- actual data is 173K according to the latest press release
if actual > forecast (or previous data) = good for currency (for USD in our case)
[USD - Non-Farm Employment Change] = Change in the number of employed people during the previous month, excluding the farming industry.
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2015-09-04 13:30 GMT | [USD - Unemployment Rate]
- past data is 5.3%
- forecast data is 5.2%
- actual data is 5.1% according to the latest press release
if actual < forecast (or previous data) = good for currency (for USD in our case)
[USD - Unemployment Rate] = Percentage of the total work force that is unemployed and actively seeking employment during the previous month.
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This is ranging price movement during this high impacted news events. Ranging because of the following:
- [USD - Non-Farm Employment Change]: 173K < 215K = bad for USD related to EUR for example (the price is moved on the way to EUR)
- [USD - Unemployment Rate] 5.1% < 5.2% = good for USD related to EUR (downtrend for EUR/USD pair).
That is why ranging.
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