Dollar NFP Update...

TVC:DXY   U.S. Dollar Currency Index
EXPECTATIONS: Nonfarm payrolls ( exp . 182k, prev . 49k); Private Payrolls ( exp . 210k, prev . 6k); Manufacturing Payrolls ( exp . 18k, prev . -10k); Government Payrolls ( prev . 43k); Unemployment Rate ( exp . 6.3%, prev . 6.3%); Average Hourly Earnings M/M ( exp . +0.2%, prev . 0.2%); Average Hourly Earnings Y/Y ( exp . 5.3%, prev . 5.4%); Average Workweek Hours ( exp . 34.9hrs, prev . 35.0hrs); Participation Rate ( prev . 61.4%), U6 Underemployment ( prev . 11.1%).

MARKET REACTION: While a clear report in itself is not expected to alter the Fed's stance -- Powell Thursday repeated that it would be a while before the US is back at full employment -- there are concerns that a strong report might continue to pressure the long-end of the Treasury curve, lifting yields further upwards, which could also apply pressure to the equity complex. Conversely, a soft jobs report could perhaps rein in the long-end, although fixed income participants will begin to look to next week's long-end auctions, particularly within the context of questions that remain over whether SLR relief for banks will be extended beyond March, perhaps keeping the bond market on edge.
Receive instant forex funding!
Trade our capital and receive 50% of profits!
Losses are on us!
Trade up to £1M.


Well done
+2 Reply
@RosiWoods, Thanks :)
Right. I liked your chart.
+1 Reply
@RishiMa, Awesome!
agreed 💯🔥💰
+1 Reply
@GuardianFX, Thanks man!
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out