Complicated Non-Farm Payrolls report [Video]

All eyes are on the Non-Farm Payrolls report, but this time, a strike in Verizon makes things complicated to comprehend, lowering the headline figure, but the impact is uncertain. Looking at wages would be a safer bet this time: 2.7% or higher could be positive for the US dollar while 2.3% or lower could hit the greenback quite hard. Also watch out for the ISM Non-Manufacturing PMI, that could try to steal the show if the NFP is mixed. We could have a wild close to the week.

Wrap up of the morning show ahead of the Non-Farm Payrolls:

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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