NFP Needs March Madness

NFP Needs March Madness

From marketpulse.com

Global currency direction for Q2 relies heavily on two events following the script this week, the first was yesterday's ECB rate announcement and the second is this morning 'granddaddy' of economic indicators - US non-farm payrolls report. Capital markets expects a strong headline print, investors require one, while global economies need one. Therefore it's really not much of a surprise to see equity indices and major currency values trade in a holding range ahead of the critical 08:30 EST release. The market is quietly hoping that the release, being the first print since the spring thaw, has possibly ... (full story)

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Apr 4, 2014 6:33am

Quoting leiamra

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my calculations show the following :

NFP number will be around 187
EUR/USD will go up first then sudden down to 1.36xxx as the number still higher than previous

I could be wrong , so plz trade on your own risk

Ignored

Number will be below 199K for sure the forcast is "stupid" euro will go up....
trade carefully.....do not get OVERLEVERAGED

leiamra

Apr 4, 2014 6:19am

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my calculations show the following :

NFP number will be around 187
EUR/USD will go up first then sudden down to 1.36xxx as the number still higher than previous

I could be wrong , so plz trade on your own risk

leiamra

Apr 4, 2014 8:07am

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Quoting DNTme

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dont really think so...but i guess we'll see

Ignored

I know it sound strange, but 192k was very good number compare to previous 175k
and that mean in my point of view a drop in EUR/USD toward 1.36xx or further 1.35xx
maybe not right now , but for sure in the coming hrs or starting from next week.Don't forget, 199k forecast was there to mislead the market as no way that forecast be achieved at least not before July/Aug.