The Australian jobs data is announced on Thursday at 03:30 MT time.
Traders await NFP
US Non-Farm Employment Change, also known as Nonfarm Payrolls or NFP, will be released on February 1 at 15:30 MT time.
The indicator shows how many jobs were created in the United States during the last month. It’s released together with the unemployment rate and the average hourly earnings indicators. All 3 of these indicators have a great impact on the USD.The last time, on January 4, NFP came out at 312K (higher, than the forecast of 179K), and wage growth accelerated to 0.4% (this is the change in average earnings index). Traders bought the US currency on the news, and the USD was supported.
• If the NFP is greater than expected, the USD will go up.
• If the NFP is weaker than expected, the USD will go down.
The US monthly CPI is announced on Tuesday at 15:30 MT time.
The Federal Open Market Committee (the department of the Federal Reserve) will publish the meeting minutes on October 7 at 21:00 MT time.
The USA will publish unemployment claims on October 22 at 15:30 MT time. How to trade after the release?
Canada’s retail sales will be out on October 21 at 15:30 MT time. Get ready with us for this event!
US Core monthly retails sales will be announced on Friday at 15:30 MT time.