
Happy Tuesday, dear traders! Here’s what we follow:
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Don’t waste your time – keep track of how NFP affects the US dollar!
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The United States will release the level of Non-Farm Employment Change, also known as Nonfarm Payrolls or NFP, at 15:30 MT time on April 5.
The NFP represents the number of employed people during the previous month, excluding the farming industry. This is one of the most important measures of employment in the US. Traders pay huge attention to this indicator, as it makes the greenback extremely volatile after the release. Last time, the indicator reached only 20 thousand payrolls (vs. 180 thousand jobs expected). It weakened the USD. Let’s see if the indicator comes out higher this time.
• If the NFP is higher than expected, the USD will rise.
• If the NFP is lower than expected, the USD will fall.
Happy Tuesday, dear traders! Here’s what we follow:
Labor Market and Real Estate Market data was published yesterday. Markets are slowing down, so the economy is in recession. Today the traders should pay attention to the Retail sales in Canada.
What's going on with the US GDP? Economists think that the first quarter will be pessimistic. Let's check.
The most impactful releases of this week will fill the market with volatility and sharp movements.
Happy Tuesday, dear traders! Here’s what we follow:
Labor Market and Real Estate Market data was published yesterday. Markets are slowing down, so the economy is in recession. Today the traders should pay attention to the Retail sales in Canada.
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