Friday, February 02, 2007

U.S. Employment today

Th United States will announce it's Employment numbers today. According to Bloomberg the following numbers are expected.
Nonfarm Payroll's 150k
Unemplotment Rate 4.5%
Factory Orders 1.9%
Michigan Confidence 98.0

I think that the market is expecting stronger numbers. Therefore they have to be pretty strong to get a big reaction from the market. Conversely a weak number should have a significant effect.

These are the FX Trading Thoughts for the day.

Good Luck and Good Forex Trading




Anonymous Anonymous said...

Banker Your Extra ! Your Extra!!...

7:35 AM  

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