Get ready for jobs day!
On Friday at 8:30 a.m. ET, the Bureau of Labor Statistics will release the January jobs report.
Here's what Wall Street is expecting:
Nonfarm payrolls: +190,000
Unemployment rate: 5.0%
Average hourly earnings month-on-month: 0.3%
Average hourly earnings year-on-year: 2.2%
Average weekly hours worked: 34.5
The announcement is set to have major and immediate impacts on the Forex markets, especially on the EUR/USD pair.
If the actual numbers of the report will beat the forecasts, the USD will go up against other major currencies.
For more information, please talk to our representatives.
Don't miss the best day of the month to trade.
