Non-Farm payrolls
Employment figures are expected to go in sync with the current bullish
tone for US economy, with an estimate of around 150,000 new jobs being
created. The last unemployment reports have keep up well and should have done so in January too.
Register now to our Special Webinar: Trade Non-Farm payrolls LIVE with Wayne McDonell. Or give your opinion in the FORUM POLL: Where do you think the market will go after NFP is released?
You can also review all the historical data of the payrolls in our Economic Time Series.
In-Depth Analysis
- KBC Flash - Tricky January Payrolls? by KBC Bank
- US Open Market Points - Euro and Pound Lifeless Ahead of NFP Blair in Trouble? by FXCM
- Economic Data Roundup - 2/2 Employment Situation Report (Jan) by ODL Securities
- Wakeup Call on Forex Markets - US Job Report Key Focus Today by Saxo Bank
- US Trading Preview - All Eyes on US Jobs Data by Forexnews.com
- Currency Journal - USD little change ahead of NonFarm Payrolls, G7 by Performance Capital
- Daily Market Commentary - The most important economic report - the US non-farm payrolls report - is due on Friday by Global Forex Trading Ltd.
- Daily Analysis - Dollar steady ahead of U.S. nonfarm payrolls data by Finotec Group Inc.
- Daily Forex Strategy Briefing - USD is Flat, Awaiting Employment Data by CMS Forex
- Daily Market Briefing - US Dollar Rallies Ahead of Payrolls, but Watch Out for a Disappointment by FXCM
- Daily Fx Strategy - Dollar Strengthens Ahead of Hawkish Fed, GDP, Payrolls by CMC Markets NY
- FX Weekly Outlook - A Payrolls pot boiler by Informa Global Markets
Related News
- Dollar moves sideways ahead of US non-farm payrolls (AFX News)
- Dollar weaker before US jobs data, G7 looms (Reuters)
- Gold off 6-month high ahead of U.S. job report (Reuters)
- Challenger: US Jan Job Cuts 62,975, Up 15.2% From Dec (Dow Jones)
Analysts' comments
- Tony Juste, FX Advisor at FXstreet.com:
"We do favour the data to be USD supportive, as there is so far only one part who can be entering into dangerous territory, the manufacturing sector. The other parts of the economy still look robust and that should be shown by good employment data." - FXstreet.com - Daragh Maher, senior forex strategist at Calyon:
"The market is poised for a good (payrolls) number." - AFX News - Danika Hampton, currency strategist at Bank of New Zealand:
"The market is just a bit weary chasing the US dollar lower ahead of non-farm payrolls. If payrolls comes out on the soft side then we will get a follow through for both data, but if comes out on the strong side, the market will be content to ignore the ISM data we had last night." - AAP
