Dear clients,
On June 2, the Non-farm Payroll, a measure of US industrial employment, is expected to be published. The report greatly influences the movement of American dollar and related instruments.
We will find out what figures are expected this time from our expert:
Falling unemployment claims and rising employment in services – the lion’s share of the US economy – are indicative of positive Non-Farm Employment data, which is favourable for the dollar’s strength. On Friday, consider buying USDTRY, USDZAR, USDCAD, USDCHF.
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