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EUR/USD: Trading the US Non-Farm Employment Change
US Non-Farm Employment Change measures the change in the number of newly employed people in the US, excluding workers in the farming sector. A reading which is higher than the market forecast is bullish for the dollar. Here are the details and 5 possible outcomes for EUR/USD. Published on Friday at 12:30 GMT. Indicator Background Job creation is one of the most important leading indicators of overall economic activity. Thus, the publication of employment data is highly anticipated by the markets, and an unexpected reading could affect the direction of EUR/USD. Non-Farm Employment Change looked very sharp ... (full story)
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