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MARKETS TODAY :

  • EUR/USD1.1156 (-0.0958%)
  • EUR/JPY123.9830 (-0.3112%)
  • GBP/USD1.2657 (-0.1223%)
  • AUD/USD0.7546 (-0.0993%)
  • USD/CAD1.3239 (-0.6849%)
  • USD/CHF0.9730 (+0.0679%)
  • USD/CNY6.8320 (+0.0674%)
  • NZD/USD0.7266 (+0.3273%)

What is it? Although it's generally viewed as a lagging indicator, the number of unemployed people is an important signal of overall economic health because consumer spending is highly correlated with labor-market conditions. Unemployment

is also a major consideration for those steering the country's monetary policy.

 

When? At 8:30am Eastern Time.

Trading Tip: If the actual number is lower than the forecast, you can expect the USD to rise.

 

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