NFP may not offer lifeline to the US Dollar – ING

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NFP may not offer lifeline to the US Dollar – ING DollarIndex NFP Banks Employment UnitedStates

US NFP

“The consensus is centred around 200K, and we forecast 220K, with the unemployment rate staying at 3.7%. Those numbers would be quite respectable and indicate that the jobs market has indeed remained extremely tight, but while it may halt the Dollar’s trend, it could fail to invert it.” If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

 

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