US Non-Farm Payrolls Set to Generate Heavy Volatility
February 03, 2012 at 02:13 AM EST
Source: ForexYard US Non-Farm Payrolls Set to Generate Heavy Volatility Today's US Non-Farm Payrolls figure, widely considered the most significant economic indicator on the forex calendar, is set to generate heavy trading today. At the moment, analysts are predicting that the US added somewhere around 150K jobs in January. Should the final result come in below expectations the USD may come under renewed pressure to close out the week. Economic News USD – Negative Euro-Zone News Gives USD Temporary Boost Fresh concerns regarding Greece's debt negotiations sent investors to safe-haven assets during the beginning of yesterday's trading session. The news resulted in the US dollar recouping some of its recent losses against the euro. The EUR/USD dropped . . . → Read More: US Non-Farm Payrolls Set to Generate Heavy Volatility