Re: NONFARM PAYROLL TONIGHT

44
As the US has been reached to its best employment rate for months (fully employment rate has been considered 4% ) , The NFP Importance shifted to a secondary importance fundamental indicator. (unless an strange data release). for this we have been witnessed a less impression of NFP on price movement.
In fact employment is out of concern and the types of data which represent the inflation ratio of US becomes critical for the Fed.
for tonight the Average Hourly Earnings m/m could be more critical than the standalone NFP
These users thanked the author navid110 for the post:
Jimmy


Re: NONFARM PAYROLL TONIGHT

47
mlawson71 wrote: Sat Aug 04, 2018 10:52 pm EUR/USD barely moved, as usual. :?
As the unemployment reached to a record of 3.9 % (4% considered as fully employment). Some economists concern about lack of manpower in us due to fully employment in near future. so what would the market expect from the NFP data ?! .
considering above fact the market reaction sounds sensible to NFP for past months.

Re: NONFARM PAYROLL TONIGHT

48
navid110 wrote: Sun Aug 05, 2018 12:47 am

As the unemployment reached to a record of 3.9 % (4% considered as fully employment). Some economists concern about lack of manpower in us due to fully employment in near future. so what would the market expect from the NFP data ?! .
considering above fact the market reaction sounds sensible to NFP for past months.
On the other hand, this is how EUR/USD behaves every summer.


Who is online

Users browsing this forum: No registered users and 21 guests