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US nonfarm payrolls to trigger volatility

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 7, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    The market reaction to the US nonfarm payrolls may well be hyperbolic as traders’ nerves have been quite tense since the beginning of the year. The US economy is expected to have secured a solid 200’000 nonfarm jobs in December. But of course it is not only about the quantity yet also about the quality. Besides the number of jobs added, the improvement in wages and the participation rate will also be closely monitored. The wages are expected to have improved by 2.8%y/y in 2016, the unemployment

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