The Expectations of NFP on April 7th! Read this and Prepare for the Event!

April 6, 2017

US employment report for March in focus Tomorrow, 07 April 2017.

The Expectations of NFP on April 7th! Read this and Prepare for the Event!

Non-Farm Payrolls report will be released tomorrow, April 7th.

Here are some expectations and insights from world’s leading Forex brokers.

FXGiants – What to Expect?

  • NFP is expected at 180k. The unemployment rate and monthly earnings growth are forecast unchanged.
  • We see the risks surrounding the NFP forecast as skewed to the upside, considering that the ADP jobs print exceeded its forecast.
  • This appears to be a solid report overall, which could bring forth market expectations regarding the timing of the next Fed hike and thereby, support the dollar.

FXGiants Official Website

FXPrimus – What to Expect?

The US Non-Farm Payrolls will be released this Friday at 13.30 GMT (15.30 on your MT4 Platform.)

Historically, this is the most “market-moving” economic data released each month. As a result there may be periods of extreme volatility shortly before and after the release.

This volatility may bring periods of il-liquidity in the market which may make it difficult to enter and exit the market at desired prices. Please keep this in mind when you are making your trading decisions.

Benefit from market volatility and complement your trading strategy by trading the news, now!

FXPrimus Official Website

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