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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Comment #1
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Feb 4, 2016 10:41pm Feb 4, 2016 10:41pm

Vantage FX
| Joined Sep 2011 | Status: Member | 170 Comments

What's the consensus around market positioning heading into the release?

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Comment #2
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Feb 4, 2016 10:52pm Feb 4, 2016 10:52pm

Stockman
| Joined Oct 2014 | Status: Member | 116 Comments

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

Story Stats

Posted: Feb 4, 2016 6:36pm
Submitted by:
Vantage FX

Category: Fundamental Analysis

Comments: 2 / Views: 3,260
Linked events:
USD Non-Farm Employment Change

USD Unemployment Rate

USD Average Hourly Earnings m/m