US Non Farm Payrolls and Unemployment rate, June

us nfp June 2016

Nonfarm payrolls is an employment report released monthly, usually on the first Friday of every month, and heavily affects the US dollar, the bond market and the stock market. Total NFP payroll employment increased by 38K in May, wich was the worst NFP data in a long time and the US dollar suffered a huge loss on June 03., versus the eur, jpy and gold the most of all. For June 2016 the market expectation is approximately at 175K, with forecast of 170K. What about today’s prediction and possible move? If the numbers will be much better and at aprox the 200K, the US dollar  can be strongly boosted on those three main pairs and those are the numbers in wich I will be focused on. Everything bellow or around the 150K can be unclear for furder move. Bellow 100K is danger for the US dollar. For now, there is not much indications of the next move in the market. Unemployment rate is at 4.7% and the market expectation is to return at the previously 4.8%. We will see the result in about 1 hour and 45 minutes. Be careful!

13:30 h (London time) > US Non Farm Payrolls!!! – Previous 38K (revised to 11K) > Expectation 175K! Update 287K!!!

13:30 h (London time) > Unemployment Rate!!! – Previous 4.7% > Expectation 4.8%! Update > 4,9%!!!

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