Department of Labor is Scheduled to release data on Non-Farm Payrolls Friday at 13:30 GMT. US Dollar in Focus Ahead of NFP Report.
This article is originally referred from Fortrade News.
November’s Non-Farm Payroll (NFP) Jobs Report – the main report that describes monthly Employment Situation of all workers in the United States, will be released by the U.S. Labor Department tomorrow, Friday December 2nd at 13:30 GMT.
According to the consensus forecast, employment data will show a 175,000 gain in new nonfarm jobs in November, up from 161,000 in October.
The unemployment rate is expected to remain at 4.9% and average household earnings are expected to increase by 0.2%.
Major forex pairs and CFDs to look out for include EUR/USD (euro to US dollar), GBP/USD (pound to US dollar), US dollar index (USDX) and leading stock market indices such as the Dow Jones Industrial Average, S&P 500 and Nasdaq 100.
Seize the opportunity and capitalise on this major market event now!
Original Source: Fortrade News