02 June 2017
May US Nonfarm Payrolls release is scheduled on June 2 at 12.30 noon GMT.
Leading FreshForex analyst Catherine Main has commented on this issue as follows:
“Leading indicators released on Thursday show that this month Nonfarm has increased against April. ADP Employment Report showed employment increase by 79 thousand, unemployment benefit applications fall in May by 3,5 thousand. So positive Nonfarm Payrolls release may be expected, which will have positive impact on US dollar quotes. This Friday traders may consider entering short on EUR/USD, GBP/USD and entering long on USD/TRY USD/CNH.”
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