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Nonfarm Payrolls

Non-Farm Payrolls Expected to Further Boost the Dollar

As every forex trader must know, the first week of every month holds the best opportunities for high profits. The reason for that is the U.S. Non-Farm Payrolls report, which is released at the first Friday of every month. Over the last few months, the deteriorating labor market in the U.S. has finally begun stabilizing. For the month of March, payrolls actually increased. The current expectations are for unemployment condition in the U.S. to continue to recover during April, and economists forecast that payrolls grew by 197,000. This means ... ( read more )

Non-Farm Employment Change on Tap

Today, traders should pay close attention to the release of the U.S. Non-Farm Employment Change report. This indicator always produces extreme market volatility in the major currency pairs. Traders may find good opportunities to enter the market following this vital announcement at 13:30 GMT. The Dollar was little changed against most of its major counterparts during yesterday's trading session, a day ahead of a key government jobs report that will shed light on the health of the U.S. economy. By yesterday's close, the USD fell slightly... ( read more )

US Non-Farm Employment to Set Today’s Pace

The U.S. Non-Farm Employment Change Data is set to be published at 12:30 GMT, and is expected to be the most important news event when it comes to market volatility. Traders are also advised to follow the G20 Meeting that will commence today, and the U.S. Unemployment Claims data at 12.30 GMT. In the meantime, open your positions in the majors now, as today's trading gets under way.[caption id="attachment_1808" align="alignright" width="293" caption="Non-farm Payrolls On Tap"][/caption] The U.S. Dollar was slightly stronger vs. the EUR on Th... ( read more )

US Non-Farm employment Change To Set The Pace Today

The U.S. Dollar is expected to go extremely volatile today on the release of the ever so important U.S. Non-Farm Employment Change at 12:30 GMT. The other releases that are expected to drive trading between the USD and its main crosses today are the British PPI Input at 08:30 GMT, the U.S. Unemployment Rate at 12:30 GMT, and the Canadian Unemployment Rate at 11:00 GMT. Forex traders are advised to open their USD positions now, prior to the release of the vital economic data from the leading economies.[caption id="attachment_1801" align="alignri... ( read more )

US Non-Farm Employment Change to Set the Pace Today

The forex market is expected to be extremely volatile today, as the U.S. releases the results of the Non-Farm Employment Change at 12:30 GMT. The EUR Minimum Bid Rate at 11:45 GMT and U.S. Unemployment Claims at 12:30 GMT are also expected to dominate trading for the USD, EUR, and GBP crosses. Traders are advised to enter the main currency pairs now in order to profit from risk appetite. The Dollar index continued its decline yesterday, trading at 79.619, down from 80.179 late Wednesday. The drop followed the release of the ADP Non-Farm Empl... ( read more )