USD Nonfarm payrolls report- what are your thoughts ?
- Thread starter Vanes
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RahmanSL
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Most recent key US data has been disappointing and I expect the same with this NFP release.
Private sector jobs were expected to rise by 200K in April as reported by Automated Data Processing (ADP). In March, they reported a disappointing gain of 189K, and this served as a hint for the poor NFP that followed.
If I were to trade this NFP release.....which I will not do so.... but will stand aside and wait until after the data has been released targeting GBP/USD specifically due to expected hung parliament in the UK election.
Private sector jobs were expected to rise by 200K in April as reported by Automated Data Processing (ADP). In March, they reported a disappointing gain of 189K, and this served as a hint for the poor NFP that followed.
If I were to trade this NFP release.....which I will not do so.... but will stand aside and wait until after the data has been released targeting GBP/USD specifically due to expected hung parliament in the UK election.
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