"We expect, in line with consensus, an increase of 200k in the headline number (190k for the private payroll), a steady unemployment rate of 5.1%, and a 2.4% y/y increase in wages. We see these figures as robust indicators of tighter labor market conditions and supportive of inflation in the months to come."
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2015-10-02 13:30 GMT (or 15:30 MQ MT5 time) | [USD - Non-Farm Employment Change]
- past data is 173K
- forecast data is 202K
- actual data is n/a according to the latest press release
if actual > forecast (or previous data) = good for currency (for USD in our case)
[USD - Non-Farm Employment Change] = Change in the number of employed people during the previous month, excluding the farming industry. Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity.
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EURUSD M5: 100 pips ranging price movement by USD - Non-Farm Employment Change news event
