USD/JPY forecast

Thursday, 07/12/2017 | 13:14 GMT-0

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The Friday Nonfarm report, the number of people employed in Nonfarm industries of America will help estimate the state of economy and make forecasts on FED rates growth in 2018.

According to the preliminary results, the number of Nonfarm-employed has grown by 200’000 in November. Meanwhile, the unemployment rate is expected to stay the same as it was in November, 4,1%. The Friday Nonfarm Payroll will be the last one before the FED meeting. FED is most likely to raise interest rate this month.

Larson&Holz analysts advise buying for 112,6 aiming at 113,0.

Larson&Holz Review

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