View full page at forexfactory.com

 

EUR/USD: Trading the US Nonfarm Employment Change

From forexcrunch.com

US Nonfarm Employment Change measures the change in the number of newly employed people in the US, excluding workers in the farming industry. 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 13:30 GMT. Indicator Background Job creation is one of the most important leading indicators of overall economic activity. The release of US Non-Farm Employment Change is highly anticipated by the markets, and an unexpected reading can affect the direction of EUR/USD. Nonfarm Employment Change was outstanding in October, ... (full story)

Story Stats

  • Posted:
  • Category: Breaking News