EYES ON NONFARM PAYROLLS ON GOOD FRIDAY

avatar
· Views 58




Major currency pair move in extremely tight ranges on Friday as global stock and bond markets remain closed on Easter Friday. In the early American session, the US Bureau of Labor Statistics will release the Nonfarm Payrolls (NFP) report for March. 

On Thursday, the US Dollar Index, which tracks the US Dollar's (USD) performance against a basket of six major currencies, closed flat. Although Wall Street's main indexes managed to register modest gains on the day, the benchmark 10-year US Treasury bond yield recovered to 3.3%, helping the USD hold its ground.

Nonfarm Payrolls in the US are forecast to rise by 240,000 in March following February's better-than-expected increase of 311,000. The Unemployment Rate is expected to hold steady at 3.6% and the annual wage inflation, as measured by the Average Hourly Earnings, is seen edging lower to 4.3% from 4.6%.


إخلاء المسؤولية: الآراء الواردة هنا تعبر فقط عن رأي الكاتب، ولا تمثل الموقف الرسمي لـ Followme. لا تتحمل Followme مسؤولية دقة أو اكتمال أو موثوقية المعلومات المُقدمة، ولا تتحمل مسؤولية أي إجراءات تُتخذ بناءً على المحتوى، ما لم يُنص على ذلك صراحةً كتابيًا.

هل أعجبك هذا المقال؟ عبّر عن امتنانك بإرسال نصيحة للكاتب.
الرد 0

اترك رسالتك الآن

  • tradingContest