On February 2nd at 1:30pm GMT January Nonfarm Payrolls report is to be released. This is one of the most important economic events that influences financial markets.
FreshForex expert has commented on this issue as follows:
Today we are likely to see positive data release, which will have a positive impact on US dollar. In January we observed decrease in number of unemployed by 5.5 thousand people, and ADP agency indicates increase in employment within 234 thousand people. This Friday consider selling EUR/USD, GBP/USD and buying USD/JPY, USD/TRY.
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