02 December 2021
Dear traders,
The main event of this week will take place on December 3 at 13:30 GMT: the Nonfarm Payrolls report will be published.
The NFP report shows data on the number of people employed in the construction industry and manufacturing in the US. It has a huge impact on the US dollar fluctuations and instruments related to it.
Check out the forecast by FreshForex leading analyst:
Leading employment indicators from ISM and ADP point to positive Non-Farm Employment data, which is favorable for the US dollar. On Friday, consider selling EURUSD, AUDUSD and buying USDMXN, USDZAR.
For more confidence, connect the 101% drawdown bonus, which will support the account and provide additional funds.
If you have any questions, don't hesitate to contact us:
Good luck in trading!
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