{"id":22587,"date":"2009-06-05T04:02:01","date_gmt":"2009-06-05T08:02:01","guid":{"rendered":"http:\/\/www.forexyard.com\/blog\/en\/?p=3295"},"modified":"2009-06-05T04:02:01","modified_gmt":"2009-06-05T08:02:01","slug":"u-s-non-farm-employment-figures-on-tap-today","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2009\/06\/05\/u-s-non-farm-employment-figures-on-tap-today\/","title":{"rendered":"U.S. Non-Farm Employment Figures on Tap Today"},"content":{"rendered":"<p><img decoding=\"async\" src=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/profile-pics\/2.gif\" width=\"120\"  alt=\"printprofile\" \/><\/p>\n<p>Today is the most important economic news event of the month, the U.S. Non-Farm Employment Change figures. Traders should take note that the results of this indicator usually creates great volatility in the forex market<span id=\"more-3295\"><\/span><\/p>\n<p>\u00a08:30 GMT- GBP PPI Input<\/p>\n<p>\u2022 This indicator reflects the change in the price of raw materials purchased by manufacturers.<br \/>\n\u2022 This data release is forecasted to improve from the previous month&#8217;s result.<br \/>\n\u2022 The results typically create volatile market conditions.<br \/>\n\u2022 Higher than forecasted results could send the GBP\/USD pair above the 1.6150 mark.<\/p>\n<p>\u00a012:30 GMT- U.S Non-Farm Employment Change<\/p>\n<p>\u2022 This indicator reflects the change in the number of employed people during the previous month, excluding the US farming industry.<br \/>\n\u2022 The indicator typically creates a volatile trading environment, affecting not only the USD crosses but also the value of Crude Oil and Gold.<br \/>\n\u2022 Disappointing results could send the EUR\/USD pair above the 1.4400 resistance level.<br \/>\n\u2022 Traders may find good opportunities to enter the market following this vital and probably the most important announcement of the month.<\/p>\n<p>\u00a0Tips on Crude Oil<\/p>\n<p>\u2022 Crude Oil rose significantly yesterday as the price is currently trading around the $69 level.<br \/>\n\u2022 The release of the U.S. Unemployment Rate data on Friday may put some strain on Oil prices as the rate is expected to rise.<br \/>\n\u2022 However, as optimism seems to be the leading force in the market, rising equities and a weakening Dollar may prove to have a greater affect on Oil prices than the results of the unemployment indicator.<\/p>\n","protected":false},"excerpt":{"rendered":"<p> Today is the most important economic news event of the month, the U.S. Non-Farm Employment Change figures. Traders should take note that the results of this indicator usually creates great volatility in the forex market<br \/>\n\u00a08:30 GMT- GBP PPI Input<br \/>\n\u2022 T&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-22587","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/22587","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=22587"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/22587\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=22587"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=22587"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=22587"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}