NFP Preview: Need for a rebound [Video]

May and also April saw poor jobs growth. Is it mostly the result of the Verizon strike? We will get some answers now. Markets expect a big bounce with 174K and perhaps some revisions. The Fed was certainly worried about this slowdown. So far, inflation was worrying and jobs always looked solid, but the recent publications were worrying. On the wages front, things are expected to follow the previous path of 0.2% m/m and 2.5% and surprises could result in wages returning to dominate the scene. With Brexit, a rate hike is off the cards, but the event always moves the USD.

Video preview:

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

View all posts by Yohay Elam