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The NFP Friday is coming!
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.
What's moving markets on Friday? What is the hottest news? Let's find out!
What's moving markets on Thursday? Jump in and you'll get the full market wrap!
Read the daily report to get the full market wrap!
The European Central Bank is holding a meeting on April 22 at 14:45 MT time. What to watch?
The Bank of Canada (BOC) will publish the rate statement and the update on the interest rate on April 21, at 17:00 MT time.