15:30 US Nonfarm Payrolls (Aug) - Forecast: 220K; Previous: 215K;
Nonfarm Payrolls measures the change in the number of people employed during the previous month, excluding the
farming industry. Job creation is the foremost indicator of consumer spending, which accounts for the majority of
A higher than expected reading should be taken as bullish for the USD.
15:30 US Unemployment Rate (Aug) -Forecast: 5.2%; Previous: 5.3%;
The Unemployment Rate measures the percentage of the total work force that is unemployed and actively seeking
employment during the previous month.
A higher than expected reading should be taken as bearish for the USD.
High Volatility Expected
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