Follow “Non-Farm Payroll” with HotForex’s Live Commentary

March 9, 2017

Are you not sure what to do with NFP Announcement? Follow HotForex and Trend!

Follow “Non-Farm Payroll” with HotForex’s Live Commentary

This article is originally referred from HotForex News

Tomorrow Friday March 10th is Non-Farm Payroll day and it could prove to be very interesting for both institution and retail investors.

There is virtual agreement that the FOMC will announce a 0.25 bps interest rate rise next Wednesday March 15 following yesterday’s strong U.S. ADP private jobs report which showed and extra 298,000 jobs compared to expectations of 184,000.

The median forecast of economists polled by Reuters is for the Non-Farm Payroll to rise by 185,000, however, there is significant risk to the upside following yesterday’s big rise in the ADP report.

HotForex will keep you updated via the analysis page and the Facebook page with some live commentary on the results and market action, so join them tomorrow from around 13:30 pm GMT.

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