🇺🇸 Markets are awaiting the NFP report, which is the US Non-Farm Payrolls Report, to be released today.
⚠️ As a general rule, if it is higher and the unemployment rate is lower than expected, the result is positive for the US dollar, otherwise the impact is negative.
• Estimates indicate an increase in the unemployment rate to 4.2%, and indicate an increase in the number of jobs by 202 thousand new jobs compared to only about 12 thousand jobs in the previous period.
• This data is expected, as usual, to have a significant impact on the movement of gold, currencies and stocks, so please trade and manage risks carefully, especially since it comes before the inauguration of the new presidency in America and the Federal Reserve's decision on interest rates.
