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U.S. Nonfarm payroll - How to trade the news?

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  • U.S. Nonfarm payroll - How to trade the news?

    The investors expect consolidation trading in the European session today till 13:30 GMT. In this first Friday of the month is expecting the key U.S. Nonfarm Payrolls reports. For the government sector is expecting report at about 190K compare with 151K a month ago. For the private sector the report is expecting at 180K compare with 158K a month ago. expects positive news for U.S. Nonfarm payrolls. The market already generated the positive news as reports below 190K may cause negative reactions and sell of dollars.
    It is not expecting changes in Unemployment rate at 4.9% the same as the prior month.