All eyes on the US Employment Report on Friday

All eyes on the US Employment Report on Friday Friday the 5th of July 2019 - US employment report for June, will be released on Friday at 12:30 (GMT). - Non-Farm Payrolls (NFP) figure: Expected at 160k, previous figure: 75k. - Unemployment rate: Expected at 3.6%, previous reading: 3.6%. - Average Earnings growth rate: Expected at +3.2% yoy, previous rate: +3.1% yoy. [Start Trading]( All trading involves risk. It is possible to lose all your capital. Comment: All eyes are expected to be on the release of the US employment report for June tomorrow. Should the actual rates and figures meet their respective forecasts we could see the USD getting some support as the US Labour market would showing signs of further tightening. However we also expect that the Fed will be keeping a close eye on the report as it forms an important factor of its decision basis, due to its dual mandate (inflation and unemployment). Especially in these rather turbulent times, as the Fed may be on the verge of lowering its interest rate levels, we expect the significance of the report to be enhanced. Please note that we maintain some reservations about the NFP figure actually hitting the target set by consensus. Also please bear in mind that high volatility is expected during the time of the release for all USD related pairs. Click [here]( watch our commentary on OPEC meeting. Follow us [Facebook ]( [Twitter ]( [Instagram ]( [LinkedIn ]( Prepared by: Peter Iosif and Angelos Zittis Email: support@ironfx.com Disclaimer: This information is not considered as investment advice or investment recommendation but instead a marketing communication. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69.29% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. IronFX is a trade name of Notesco Financial Services Limited. Notesco Financial Services Limited is authorised and regulated by CySEC (CySEC no. 125/10) IronFX does not offer its services to residents of certain jurisdictions such as USA, Iran, Cuba, Sudan, Syria and North Korea [Unsubscribe]( - [Unsubscribe Preferences](