FreshForex Forecast: Nonfarm Payrolls Release

04 May 2017

Dear traders,

April US Nonfarm Payrolls release is scheduled on May 5th at 12.30 noon GMT.

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

“Totals may turn out worse than expected. Weak ADP Employment Report and ISM Non-Manufacturing Index release are a clear indication of this fact. The Employment Index in the Non-Manufacturing sector decreased in April to its 8-month low. Increase in EUR/USD, GBP/USD quotes and decrease in USD/JPY, USD/CAD quotes may be expected.”

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