Non-Farm Payrolls in Focus! EUR/USD First Profit Locked!!

With two policy meetings (RBA, ECB) this week the Non-Farm Payrolls report stayed on the side lines for a while, but today, all the lights will be turned on it. This U.S. employment report would be added to Fed’s decision whether will raise its interest rate on the September 17 policy meeting. However, China’s currency devaluation and the plunging stock market is likely to hold back Fed policymakers to a more dovish stance. The market predicted that the NFP number, the number of jobs added in both the public and private sector in August, will be 220,000, stronger that July’s figure of 215,000. The ADP employment change disappointed the market on Wednesday. It showed that the pace of hiring in the private sector slowed down to four months low in August at 190,000 missing
http://worldwide-invest.org/content.php?rr=317-Non-Farm-Payrolls-in-Focus!-EUR-USD-First-Profit-Locked!!