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  • NFP preview: When will jobs growth get back into gear?

    From forex.com

    After getting walloped through the last three quarters of 2020, the US dollar has stabilized against its major rivals so far in 2021, though the world’s reserve currency hasn’t seen much in the way of buying pressure lately. If we see a stronger-than-anticipated NFP reading, traders may look to the EUR/USD as a possible sell candidate. The world’s most widely-traded currency pair is approaching the bottom of the 1.1950-1.2225 range that has contained rates for the past seven weeks, an da break below that area could open the door for a deeper retracement toward 1.1800 as we move through the month of March. On ... (full story)

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  • Mar 5, 2021 5:27am Mar 5, 2021 5:27am
  •  kingleeny
  • Joined Jul 2014 | Status: Member | 1475 Comments
does it matter? its moving whatever it wants to do
 
 
  • Comment #2
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  • Mar 5, 2021 7:26am Mar 5, 2021 7:26am
  •  Fix-it
  • | Joined Oct 2019 | Status: Member | 103 Comments
If the fingers come out +ive $ will be stronger.
 
 
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  • Story Stats
  • Posted: Mar 5, 2021 4:57am
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 2  /  Views: 2,251
  • Linked events:
    USD Non-Farm Employment Change
    USD Unemployment Rate
    USD Average Hourly Earnings m/m
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