2021-03-05 10:52:49
Are you ready for NFP? The US dollar never disappoints these days: it rises and falls with great vigor providing traders with multiple trading opportunities. Just look at this week’s surge of USD/JPY! The pair
rose from 106.50 and got above 108.00. That’s not the limit! The release of the US Nonfarm Payrolls at
15:30 MT time will speed things up even further.
NFP will show how many Americans found jobs in February. In January, jobs rose by
49K, which wasn’t very impressive. This time, analysts expect a bigger increase of
197K. Usually, if NFP exceeds the forecast, the USD goes up. Otherwise – falls.
Moreover, today traders will pay special attention to
Average Hourly Earnings: the higher the indicator, the better for the greenback.
What can you trade today to get the most of the market?
EUR/USD, GBP/USD, USD/JPY, S&P 500, and gold — these instruments will make the biggest moves!
Trade now! https://bit.ly/34B2MEn
1.8K views07:52