Friday, October 05, 2007

Non-Farm Payroll (NFP) Predictions for September

Consensus: 100,000
ADP: 58,000

The DailyFX outlook:
Since the beginning of the week, the US dollar has been quietly recovering on the expectation that payrolls will be firm. If job growth was indeed greater than 100k, then we expect the dollar to recover further. However should job growth rise by less than 70k, we could see the dollar fall back to its record lows.

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