EUR/USD: Trading the Change in U.S. Non-Farm Payrolls

The U.S. dollar could face increased selling pressures over the next 24 hours of trading as market participants anticipate the labor market to weaken for the third consecutive month in August, and the data is likely to reinforce a dour outlook for the world’s largest economy as private sector spending remains [...]

The U.S. dollar could face increased selling pressures over the next 24 hours of trading as market participants anticipate the labor market to weaken for the third consecutive month in August, and the data is likely to reinforce a dour outlook for the world’s largest economy as private sector spending remains one of the leading drivers of growth.

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Translator
Markets
INDU 0.00    N/A
NASDAQ 2915.86    +11.78
S&P 500 1349.96    +2.91
^SSMI 6155.86    -1.73
^GDAXI 6748.76    -5.44
^FCHI 3410.00    -1.54
XAUUSD=X 1738.95    N/A
1970-01-01 00:00