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The US employment report

The US employment report | 02 October 2020

02 October 2020, EUR/USD

The US employment report

EURUSD trading plan:

The government's closely followed employment report to be released today is expected to show 850,000 jobs created in September after adding 1.371 million in August, according to a survey of economists. That would leave nonfarm payrolls about 10.7 million below their pre-pandemic level. Factory employment continued to improve last month, but remained in contraction territory. ISM Employment Index registered 49.6 percent in September, 3.2 percentage points higher than the August reading of 46.4 percent.

Trading recommendation: range 1.1702 -1.1760.

David Johnson
Analyst of «FreshForex» company
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