The second NFP since Trump took office is just a few hours away.
The crucial report will be released at 13:30 GMT. Here's what Wall Street is expecting:
- U.S. Non-Farm Payrolls to Expand Less Than 200K for Third Consecutive Month
- - Unemployment Rate to Narrow to Annualized 4.9%; Average Hourly Earnings to Hold at 2.6%
A 175K expansion in U.S. Non-Farm Payrolls (NFP) accompanied by a downtick in the jobless-rate may heighten the appeal of the greenback and spark a near-term pullback in EUR/USD should the report fuel speculation for an imminent Fed rate-hike.
The NFP report is the most important monthly financial data from the U.S. The report can generate big moves on Forex, Commodities and Stock markets.
Be sure to keep a close eye on the report as this is a great chance for trading with success – talk to us on the chat now for more information.
