US service data is coming
The US Services PMI will be out at 17:00 MT time on March 3.
The NFP Friday is coming!
Information is not investment advice
The Non-Farm payrolls are announced on Friday at 15:30 MT time.
Instruments to trade: EUR/USD, USD/CAD, USD/JPY, GBP/USD
The US workforce increased by 639K in October – that came a little lower than the September figure but still, it was better than the expected range of 510-600K. On a larger scale though, it is the smallest number since the recovery has started making its way through the crisis in April-May. The expectation for the coming figure is higher than the one before and goes beyond 600K. Therefore, if the market gets a positive surprise, the USD will be pushed.
- If the data is better-than-thought, the USD will be boosted.
- Otherwise, it will fall.
Similar
Will RBA press AUD down again?
The Reserve Bank of Australia will make a rate statement on March 2, at 5:30 MT time.
Risk assets are starting week on rise
Risk assets are recovering after a losing streak in the previous week as progress in the extra US stimulus package improved the market sentiment.
Popular
US service data is coming
The US Services PMI will be out at 17:00 MT time on March 3.
Johnson&Johnson’s vaccine boosts optimism
On Saturday, the US Food and Drug Administration approved Johnson&Johnson’s vaccine for emergency use against Covid-19. Will JNJ rise?
Will RBA press AUD down again?
The Reserve Bank of Australia will make a rate statement on March 2, at 5:30 MT time.
Choose your payment system
