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NFP Preview: Upside Surprise Could Hurt Dollar – 3 Scenarios

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by , 07-05-2012 at 12:57 PM (510 Views)
The Non-Farm Payrolls report for June is expected to be the fourth consecutive weak report. However, there are 4 signs pointing to the other direction.

For the dollar, the story is different in the current environment. Here are 4 reasons for an upside surprise and 3 scenarios for the result and the expected market reaction.

Official expectations stand on a gain of around 100K jobs after last month’s disappointing gain of only 69K and the accompanying downwards revisions.

Read the rest of the article [B][I][URL="http://www.forexcrunch.com/nfp-preview-upside-surprise-could-hurt-dollar-3-scenarios/"]NFP Preview: Upside Surprise Could Hurt Dollar – 3 Scenarios[/URL][/I][/B]
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