NFP Analytical Forecast :
*
NON-FARM PAYROLLS
Forecast: 675K
Previous: 559K
*
UNEMPLOYMENT RATE
Forecast: 5.7%
Previous: 5.8%
*
AVERAGE HOURLY EARNINGS
Forecast: 0.3%
Previous: 0.5%
It is also important to pay attention to these three indicators with the NFP release. That is, NON-FARM PAYROLLS, AVERAGE HOURLY EARNINGS, and UNEMPLOYMENT RATE
The indicators were lower than previously thought. There are various reasons for this (like covid119, ...). But this time it was completely different.
Here all three indicators must be taken into account:
NON-FARM PAYROLLS, AVERAGE HOURLY EARNINGS, and UNEMPLOYMENT RATE
As soon as the data comes out, the predictions should be compared with the actual numbers. If the actual figures of non-farm payrolls and average hourly earnings are higher than the expectations, and the unemployment rate lower, the USD Is will strengthened . If it goes against that, the US dollar will weaken.
Should be considered.
The above Prediction is how I think. This can be right or wrong. I do not mention following my predictions. Therefore, I am not responsible for it.
*
NON-FARM PAYROLLS
Forecast: 675K
Previous: 559K
*
UNEMPLOYMENT RATE
Forecast: 5.7%
Previous: 5.8%
*
AVERAGE HOURLY EARNINGS
Forecast: 0.3%
Previous: 0.5%
It is also important to pay attention to these three indicators with the NFP release. That is, NON-FARM PAYROLLS, AVERAGE HOURLY EARNINGS, and UNEMPLOYMENT RATE
The indicators were lower than previously thought. There are various reasons for this (like covid119, ...). But this time it was completely different.
Here all three indicators must be taken into account:
NON-FARM PAYROLLS, AVERAGE HOURLY EARNINGS, and UNEMPLOYMENT RATE
As soon as the data comes out, the predictions should be compared with the actual numbers. If the actual figures of non-farm payrolls and average hourly earnings are higher than the expectations, and the unemployment rate lower, the USD Is will strengthened . If it goes against that, the US dollar will weaken.
Should be considered.
The above Prediction is how I think. This can be right or wrong. I do not mention following my predictions. Therefore, I am not responsible for it.
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