FreshForex: Expectations on Nonfarm Payrolls Release

31 August 2017

Dear traders,

August US Nonfarm Payrolls release is scheduled on September 1 at 12.30 noon GMT. This is one of the most important economic events that influences financial markets.

Leading FreshForex analyst Catherine Main has commented on this issue as follows:

“Leading indicators released on the previous week are anticipating positive Nonfarm Payrolls release. Conference Board consumer confidence index and ADP private sector employment rate hit a four-month high in August, that is likely to indicate Non-Farm Employment Change growth. Trading signals for Friday: Sell EUR/USD, GBP/USD and Buy USD/JPY, USD/TRY.”

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