According to analysts at Deutsche Bank, the highlight outside of trade today will be US payrolls and the consensus for June is 195k (with a high to low range of 154-242k) which compares to the above market 223k in May. Key Quotes “The bigger focus, average hourly earnings, are expected to come in at +0.3% mom (DB agrees) which, if it holds, would push the annual rate up one-tenth to +2.8% yoy and match the post-recession high made in September last year.” “Our US economists are close to the consensus with a 190k projection for payrolls and their expectation is that this should be enough to keep the unemployment rate at 3.8%. Yesterday’s ADP didn’t really do anything to sway that view with the 177k reading pretty much as expected by our economists.” 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 Gold Technical Analysis: bulls in search of a positive trigger FX Street 3 years According to analysts at Deutsche Bank, the highlight outside of trade today will be US payrolls and the consensus for June is 195k (with a high to low range of 154-242k) which compares to the above market 223k in May. Key Quotes "The bigger focus, average hourly earnings, are expected to come in at +0.3% mom (DB agrees) which, if it holds, would push the annual rate up one-tenth to +2.8% yoy and match the post-recession high made in September last year." "Our US economists are close to the consensus with a 190k projection for payrolls and their expectation is… Top 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.
