Online Forex broker
The United States will release the level of Non-farm payrolls (NFP) or Non-farm employment change on March 8 at 15:30 MT time. The NFP is known as a change in the number of employed people. It is considered as one of the indicators of consumer spending, which represent the economic activity of the country. This indicator is known for its high correlation with the USD, which results in very high volatility of the American currency. The last time, on February 1, NFP increased by 304K jobs, beating the analysts’ expectations. However, the weaker release of the average hourly earnings and higher-than-expected unemployment rate resulted in mixed trading of the greenback. Let’s see how the NFP will affect the USD this time.
• If the NFP is greater than expected, the USD will go up.
• If the NFP is weaker than expected, the USD will go down.
The Fed is ready to start tapering in November. Since the markets were expecting this and it wasn’t a surprise, the USD slumped allowing risk-on currencies and gold to rally up.
US Retail Sales will be out on October 15 at 15:30 MetaTrader time (GMT+3).
The crypto market keeps recovering. Bitcoin has broken above $57,000. The way up to $60,000 is open now!
The United States will release the weekly Unemployment Claims on October 21, at 15:30 MT time (GMT+3).
Great Britain will publish the Inflation Rate on October 20, at 09:00 MT time (GMT+3).
The bullish movement in the stock market is gaining speed, and Bitcoin ETFs are closer than they might seem. What do we need to know for the next trading week?
FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.
Your request is accepted.
A manager will call you shortly.
Next callback request for this phone number
will be available in
If you have an urgent issue please contact us via
Live chat
Internal error. Please try again later
Don’t waste your time – keep track of how NFP affects the US dollar and profit!
Beginner Forex book will guide you through the world of trading.
We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.
|
