Dear Trader,

Economic data releases have a high impact on the markets so staying up-to-date on the latest news can have a positive impact on your trading results.

Latest Forex Trend Report - EUR/USD- Nonfarm Payrolls in the USA

+ What's Trending: EUR/USD- Nonfarm Payrolls in the USA is the highest impact data release for the USD

+ Headline: The nonfarm payrolls data is released on the first Friday of every month by the US Department of Labor and shows the number of people on the payrolls of all non-agricultural businesses. The monthly changes in payrolls can be excessively volatile and can lead to volatility in Forex markets and especially on USD based pairs. What to Expect? Generally, higher readings are seen as positive (bullish) for the USD, and lower readings are seen as negative (bearish).

+ Projection after Analysis: The previous report measured 257.00K, and today's figures are expected to be in the region of 240.0K a -6.61% decrease. Please note, the markets can be highly volatile during the Nonfarm Payroll event with large increases or decreases in EUR/USD value, trade with caution.

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Wishing you successful investing

George Miller
Yadix Auto-Trading Team