NFP Friday | Forex Factory

  • NFP Friday

    From vantagefx.com

    Heading into US Non-Farm Payrolls tonight, the pain for USD longs hasn’t eased. The USD was dumped courtesy of the Fed’s Dudley’s comments which were way more dovish than the market has positioned for. Dudley’s comments hit home with markets and were interpreted that things just got real in terms of the Fed delaying future rate hikes if the domestic and global economies didn’t pick up from their current trajectory. According to Bloomberg News, economists are expecting Non-Farm Payrolls to rise by 189K, for the Unemployment Rate to remain steady at 5% and the Average Hourly Earnings to increase to 0.3%. ... (full story)

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Stockman
Feb 4, 2016 9:52pm
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yeah yeah yeah, let's see, what should we print, I dunno, do we want the USD to go up? o.k.! then let's write down a 4.9% !

And 270K jobs!

That should destroy gold!, let's do that today!

-FED

SCAM, SCUM, GARBAGE, CRIMINALS
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Vantage FX
Feb 4, 2016 9:41pm
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What's the consensus around market positioning heading into the release?
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