06 August 2020
Dear clients,
On August 7 at 12:30 GMT July Nonfarm Payrolls is to be released. This report shows changes in number of people employed in the USA nonfarm sector. Total number of people employed in this sector is about 80% of workers producing USA GDP.
That is why NFP offers the best economics review and causes high volatility in markets!
ind out what results to expect in trading forecast of leading FreshForex expert:
ISM employment indices for industry and services are signal the release of negative data on Non-Farm. These indicators are well below the key 50% level, which indicates a decline in employment in the US economy. On Friday consider buying EURUSD, GBPUSD, AUDUSD.
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