Awaiting weak Non-Farm Payrolls - Live

Awaiting weak Non-Farm Payrolls – Live

US Non-Farm Payrolls are set to rise by an unimpressive 145K jobs in September, but real expectations stand at the lower ground after leading data was exceptionally weak. Wages are forecast to increase by 0.3% MoM and 3.2% YoY, a solid read. The data feeds into the Federal Reserve’s decision in late October. Markets are pricing a high chance that the Fed will cut interest rates for the third consecutive time. The US Dollar has been on the back foot ahead of the publication.

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Yohay Elam

Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile

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