8/7/09

If at 8:30am EST NFP > -250K USD JPY will go long 40-50 pips & if < -400K it will go short 40-50 pips.

August 07,2009, 8:30am EST Non Farm Payroll/NFP/ Non Farm Employment Change a high impact Forex trading news & is expected to be -325K whereas the previous number was -467K. It is the Change in the number of employed people during the previous month, excluding the farming industry. If the number comes out to be >-250K USD JPY should go long 40-50 pips and if it comes to be < -400K it should go short 40-50 pips.

No comments: