Previewing tomorrow’s Nonfarm Payrolls (NFP) report, “We expect payrolls to trend modestly lower to 145k in August, following the 164k print in the previous month,” said TD Securities analysts. Key quotes “A decent payrolls print should help the USD consolidate/firm after sliding for much of the week following a weak ISM manufacturing report. That said, a firmer ISM services report helps to quell abject pessimism embedded in the bond market.” “With the risk that payrolls prints firmer than expected, we focus in on USDJPY which is flirting with a tactical topside breakout. Comfortably clearing the 107.00/10 pivot will be key to secure a higher trading range broadly marked by 107/109 in the near-term. We think this range is probable to occur should payrolls confirm some of the positive tone from ADP and ISM services.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next UK PM Johnson: Don’t want an election at all but cant see another way FX Street 4 years Previewing tomorrow's Nonfarm Payrolls (NFP) report, "We expect payrolls to trend modestly lower to 145k in August, following the 164k print in the previous month," said TD Securities analysts. Key quotes "A decent payrolls print should help the USD consolidate/firm after sliding for much of the week following a weak ISM manufacturing report. That said, a firmer ISM services report helps to quell abject pessimism embedded in the bond market." "With the risk that payrolls prints firmer than expected, we focus in on USDJPY which is flirting with a tactical topside breakout. Comfortably clearing the 107.00/10 pivot will be key… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
