{"id":8202,"date":"2010-04-02T08:15:45","date_gmt":"2010-04-02T12:15:45","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=8202"},"modified":"2010-04-02T08:15:45","modified_gmt":"2010-04-02T12:15:45","slug":"forex-market-preps-for-non-farm-payrolls","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/04\/02\/forex-market-preps-for-non-farm-payrolls\/","title":{"rendered":"Forex Market Preps for Non-Farm Payrolls"},"content":{"rendered":"<p><strong>By Rita Ruvinski<\/strong> &#8211; Beware of extreme market volatility during the U.S. payroll data  today! European markets are closed on Friday for National Holidays and  this will substantially increase the risk of erratic trading and very  thin volume following the release. The best strategy looks to be to buy  USD\/JPY on any initial declines to 93.50 or sell EUR\/USD above the  1.3550 level<\/p>\n<p>12:30 GMT USD Non-Farm Employment Change\/  Unemployment Rate<\/p>\n<p>&#8211; The U.S. lost 36,000 jobs two months ago, slightly better than the  low expectations. A huge gain of 185,000 jobs is expected now. The  special timing and the realization of the high expectations could send  the dollar way up.<\/p>\n<p>Although, high expectations can be risky for the dollar \u2013 if  expectations aren\u2019t met, the EUR\/USD may rise to $1.36 and higher. But  if expectations are finally met, and a rise in jobs is reported for the  latest month, not a revision, the dollar could enjoy the thin volume to  extend its gains.<\/p>\n<p>&#8211; The Unemployment Rate remained unchanged at 9.7% and is expected to  remain unchanged this time as well.<\/p>\n<p>12:30 USD Average Hourly Earnings<\/p>\n<p>&#8211; Change in the price businesses pay for labor, excluding the farming  industry. It\u2019s a leading indicator of consumer inflation \u2013 when  businesses pay more for labor the higher costs are usually passed on to  the consumer. An increase is expected this time 0.2% from 0.1% last  month.<\/p>\n<p><em><strong>Forex Market Analysis<\/strong><\/em> provided by\u00a0<a href=\"http:\/\/www.forexyard.com\/?zone_id=1398\" target=\"_blank\"><strong>Forex        Yard.<\/strong><\/a><\/p>\n<p>\u00a9 2006 by FxYard Ltd<\/p>\n<p>Disclaimer: Trading Foreign Exchange carries a high level of risk and        may not be suitable for all investors. There is a possibility  that     you   could sustain a loss of all of your investment and  therefore  you     should  not invest money that you cannot afford to  lose. You  should  be    aware of  all the risks associated with Foreign  Exchange  trading.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Rita Ruvinski &#8211; Beware of extreme market volatility during the U.S. payroll data today! European markets are closed on Friday for National Holidays and this will substantially increase the risk of erratic trading and very thin volume following the release. The best strategy looks to be to buy USD\/JPY on any initial declines to &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2010\/04\/02\/forex-market-preps-for-non-farm-payrolls\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Forex Market Preps for Non-Farm Payrolls&#8221;<\/span><\/a><\/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-8202","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/8202","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=8202"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/8202\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=8202"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=8202"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=8202"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}