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Decisive NFP for the September decision – fasten your

A rate hike in September is back on the agenda following the Jackson Hole Symposium, but the bar is high. A blockbuster report is needed to make a compelling case for the Fed to act ahead of the US elections in November. Expectations are for a report that will come in line with the average of previous reports, but the NFP is dubbed “king of forex indicators” for a good reason. It never comes in line with expectations. A turbulent Friday is expected.

Video preview of the Non-Farm Payrolls released on Friday, September 2nd 2016:

Yohay Elam

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.