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US NON-FARM PAYROLL OUTLOOK.

 

Today, the US non-farm payroll report is yet to release. But the trump government is ready to impose 25% tariff on $35 billion worth of Chinese imports.

The last month figure shows 223,000 which was higher than the expected mark 190,000.
But this time analysts expecting the number will fall down to the 200,000. Hence anything above 200,000 should strengthen the USD and FED will be likely to tighten the monetary policy decision. If we see any number below 180,000 means, should sell off the dollar.

However, there is a danger zone that traders may worry that the Fed could increase its programme of rate hikes which would weigh on business activity to move forward.
This reinforced data may give outlook that US Economy strong.

RISK WARNING: ALL THE DATA WHICH PROVIDE HERE ARE ONLY FOR INFORMATION PURPOSE NOT TO PROMOTE A TRADE.


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06 Jul 2018 5:20 pm Posted by tamilforex

 
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