Tesla killed two people, USD is at one-month low, and other news
Read the daily news and get the fresh tech analysis of EUR/USD, USD/JPY, and gold!
Will the NFP push the USD again?
Non-Farm Payrolls data will be released on Thursday at 15:30 MT time.
Instruments to trade: EUR/USD, USD/CAD, USD/JPY, GBP/USD
The last release of the NFP was far greater than what one could have thought. 2.5mln jobs were created against a loss of 8mln expected by the market. Fundamentally, it is hilarious. For a trader, though, it is a conundrum. As the last release was unexpectedly high, the question is: will the American labor market be able to hold on to this tremendous resilience in the coming release? Because if it doesn’t, we are in for another blow to the USD. The preliminary data shows, though, that the workforce is being added into the market, so there is a high probability that the NFP will bring positive figures beating the expectations.
- If the data is better-than-thought, the USD will rise.
- Otherwise, it will fall.
Similar
Markets after US retail sales
What's moving markets on Friday? What is the hottest news? Let's find out!
Coinbase, banks' earnings, and Australian labor data
What's moving markets on Thursday? Jump in and you'll get the full market wrap!
Latest news
JPMorgan finances Super League, Apple unveils new devices
Read the daily report to get the full market wrap!
The ECB Interest Rate Decision: insights for the euro
The European Central Bank is holding a meeting on April 22 at 14:45 MT time. What to watch?
Will the BOC provide a boost for the CAD?
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.
Deposit with your local payment systems
