Non-Farm Payrolls live coverage – Will wages move higher?

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The US Non-Farm Payrolls for April is expected to show a gain of 192K after 103K in March (before revisions). Wages are projected to rise by 0.2% m/m after 0.3% and 2.7% y/y exactly like the last time. The US Dollar has consolidated earlier gains this week ahead of the publication. The Fed initially sent the pair lower but the dollar recovered afterward. Weak data has been weighing on the euro and the pound more than any other currency pairs:

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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 the 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.

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