The answer is inside. Check our special forecast for the release
| | Watch for NFP | Hello, LIPI SULTANA! The NFP report is released alongside the US unemployment rate and average hourly earnings data. These metrics provide essential insights into the state of the US economy. | This Friday, the US Bureau of Labor Statistics will release the NFP data at 15:30 GMT+3. Last month, NFP significantly outperformed the forecasts. As a result, EURUSD dropped by more than 1400 points within a day. | Given the ongoing global instability, the upcoming report provides a great opportunity to trade on market volatility. Read the forecast from FBS analysts and adjust your strategy. | | NFP forecast for March | NFP | Forecast: 485k | Previous: 678k | | | Unemployment rate | Forecast: 3.7% | Previous: 3.8% | | | Average hourly earnings | Forecast: 0.4% | Previous: 0.0% | | | | | Even though rising inflation and the Fed’s tightening got all the attention, financial analysts expect short-term price changes after the announcement. | | | What instruments to trade? | Due to high inflation and the Fed's tightening, the USD has strengthened in all major pairs. | | XAUUSD is likely to fall because of the Fed's tightening cycle. | | | | EURUSD is likely to fall as the stronger USD pressures the pair. | | | | USDJPY can reach its recent high if NFP is greater than the forecast. | | | | | | Follow the release and plan your trading accordingly. | | | Contact us | Personal area | You received this email because you registered at fbs.com. If you have any questions, please contact us via email at support@fbs.com | | Risk warning: Before you start trading, you should completely understand the risks involved with the currency market and trading on margin, and you should be aware of your level of experience. | | Web version | Unsubscribe | About Us | FBS is always by your side since 2009 | | | |
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