We are coming up to another slow week for currency market. No major reports are due for release until Friday's NFP numbers. With the Fed on the fence, any meeting is a ''live'' meeting as Janet Yellen recently said. A good reports would increase the odds for a FOMC rate hike in October, although the more likely scenario is still a December hike.
Analysts are expecting 202,000 new jobs. This compares to 173,000 in the month prior. The unemployment rate is expected to stay put at 5.2%. The Wednesday ADP may foreshadow the Friday figures. Forecasts are clustered around 191,000 jobs. But I personally haven't followed this report and how well it predicts the NFP, so can't comment on it.
The NFP report is due for release on Friday, October 2nd at 14:30 CET or 8:30 EST.
Analysts are expecting 202,000 new jobs. This compares to 173,000 in the month prior. The unemployment rate is expected to stay put at 5.2%. The Wednesday ADP may foreshadow the Friday figures. Forecasts are clustered around 191,000 jobs. But I personally haven't followed this report and how well it predicts the NFP, so can't comment on it.
The NFP report is due for release on Friday, October 2nd at 14:30 CET or 8:30 EST.