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GBP/USD Forecast: Non-farm Payrolls impact on GBP/USD

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Dec 3, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    The USD index rose to its highest since 2003 this week, before falling below 100.00 levels today on account of a broad based USD sell-off triggered by a short squeeze in the EUR/USD pair. The November non-farm payrolls report is expected to show the economy added 200K jobs compared to the October’s 271. The unemployment rate is seen steady at 5%. The related labor market indicators stand as follows – • Initial jobless claims have stayed around 270K • The US ADP report showed

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