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Tomorrow, Friday June 2nd is Non-Farm Payroll day and it could prove to be very interesting for both institution and retail investors.
The FOMC made the first of three anticipated interest rate hikes in March.
At their next meet June 13 & 14 it is widely expected they will announce the second move. Jobs growth, unemployment and earnings are vital inputs to this key decision making process.
The median forecast of economists polled by Reuters is for the Non-Farm Payroll to rise by 182,000, however, estimates range from 150,000 to 218,000.
HotForex will keep you updated via the analysis page where they will have live commentary on the results, and market action and reaction.
Join their “Live Commentary” tomorrow!
Live NFP commentary with Stuart from 12:00 GMT
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