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Strategic Currency Briefing

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 1, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Outlook The jobs report at 8:30 am ET is expected to show a rise of 200,000 jobs and the same unemployment rate as last time 4.9%. The FT has 205,000 and the WSJ, 213,000. Never mind—it’s wages that count. The forecast is for a gain of 0.3% in March, overcoming the 0.1% drop in Feb. The y/y in Feb was 2.2% and we need more. The participation rate should keep going up, too. It was 62.9%in Feb, off the lowest low last fall at 62.4%--but the participation rate alone without wage gains is a wash.

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