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USD gains momentum ahead of ADP report

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 4, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Forex News and Events Job report not important as you think (by Arnaud Masset) Today’s ADP report will provide a first insight into Friday’s NonFarm-payrolls. This week’s NFPs, as well as December’s, will be considered of great help to market participants in assessing the odds of a December lift-off by the Federal Reserve. The ADP report is expected to print at 180k in October, slightly below last month’s reading of 200k. From our standpoint, the market is overestimating the importance of the

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