U.S Nonfarm Payrolls report for June 05 2015

June 4th  2015

The Friday NFP Employment change release will be the major focus of U.S markets for this week. And the labor market is expected to add 225 k jobs, more than the previous reading of 223K, which will be a sign of improvement in U.S economic activity, while the unemployment is expected to remain unchanged at 5.4 %. So, a positive reading (strong NFP with a decline of unemployment rate) will confirm the expectations that the Fed will hike its interest rates at September, and it will represent good opportunities to buy the Dollar, while a negative reading (lower NFP reading with an increase of unemployment rate) will indicate that the Fed will postpone the timing for the first rate hike. And will push the dollar down against the Euro and other major currencies. 

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