What to expect from the US Non Farm Payrolls data today at 12:30GMT?

Today, at 12:30 GMT, we expect the US Non Farm Payrolls data. The forecast value is for the 310K, with data above expectations will likely support USD and US indices, while data below expectations will lead to a likely short-term decline. Impacts from natural disasters in the US are likely to lead to an increase […]

EUR/USD in front of the Non Farm Payrolls

The wide range between the low and high estimates for Friday’s U.S. jobs report should be enough to push EUR/USD out of this week’s tight trading corridor. The median 310K estimate for October Non Farm Payrolls masks a low-high range of 280K. This compares to 198k for September, and less than 100k for the two […]

Dollar steadies as focus turns to job data

The dollar held steady versus a basket of currencies on Friday, as investors shifted their focus to U.S. jobs data, with President Donald Trump’s nomination of Federal Reserve Governor Jerome Powell to be the next Fed chair coming as no surprise. Trump on Thursday tapped Powell to lead the U.S. central bank, breaking with precedent […]