May US NFP: Will They Get Back on Track? | Crypto Craft

  • May US NFP: Will They Get Back on Track?

    From orbex.com

    First, let’s look at the expectations for the headline NFP. Analysts have pared back their expectations after the major miss last time, and there is a really shaky consensus around 650K jobs created, compared to the 266K reported last time. However, the range of expectations runs from 450K to 800K, with few analysts expressing confidence after the consensus has been wildly wrong every month this year. The second thing to pay close attention to is the revision of the prior month’s numbers. This happens every time but hasn’t been this important in quite a while. The initial consensus was for a million jobs ... (full story)

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abhay0310
Jun 4, 2021 6:11am
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Surely Dollar will be on track and you will see index will jump to 91 or even 92 in coming days. Index breaks the level of 90.25 and this wont come lower than that with the Tapering issue. Gold and silver are really weak ahead.
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