The US was expected to gain around 215K jobs in June after +217K in May (revised now to 224K). The unemployment rate was predicted to remain unchanged at 6.3%. Expectations might have actually been a bit higher after the strong ADP data. At the time of the release, the ECB president is holding his press conference, making EUR/USD trading very exciting. Live coverage: Live streaming video by Ustream Data (updated) Non-Farm Payrolls: 288K (exp. +214K, May saw +217K) Participation Rate: 62.8% (62.8% last month ) Unemployment Rate: 6.1% , (exp. 6.3%, May: 6.3% before revisions) Revisions: +29K(April from 282K to 304K and May from 217K to 224K) –6K last month) Private Sector NFP: +262K (ADP showed a gain of +281K jobs). Real Unemployment Rate (U-6): 12.1% (previous: 12.2%). Employment to population ratio: 59% (previous: 58.9%) Average Hourly Earnings: 0.2%- (exp. +0.2%, May: 0.2%). Average workweek: 34.5 (last month: 34.5). More: EUR/USD approaching low support on NFP, ECB Background The US has been gaining more than 200K jobs or more since February and this winning streak was expected to continue in June, making it the best first 6 months of job gains since 1998. The ADP report raised expectations, as did the strong Markit Non-Services PMI for June. The parallel ISM figure is only released after the event, today at 14:00 GMT. The Fed is on a preset course to taper bond buys, and QE is expected to fully end in October. The big question is when interest rates will rise. Markets expect them to move in mid 2015, but it could come earlier. At the same time, the ECB is also making its decision. More: Where is the fall of EUR/USD? 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. Yohay's Google Profile View All Post By Yohay Elam Forex News Today: Daily Trading News share Read Next EUR/USD approaching low support on NFP, ECB Yohay Elam 9 years The US was expected to gain around 215K jobs in June after +217K in May (revised now to 224K). The unemployment rate was predicted to remain unchanged at 6.3%. Expectations might have actually been a bit higher after the strong ADP data. At the time of the release, the ECB president is holding his press conference, making EUR/USD trading very exciting. Live coverage: Live streaming video by Ustream Data (updated) Non-Farm Payrolls: 288K (exp. +214K, May saw +217K) Participation Rate: 62.8% (62.8% last month ) Unemployment Rate: 6.1% , (exp. 6.3%, May: 6.3% before revisions) Revisions: +29K(April from 282K to… 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.