US Nonfarm Payrolls expected to rise by 75K in August amid labor market slowdown concerns
The US Bureau of Labor Statistics (BLS) will release the closely watched Nonfarm Payrolls (NFP) report for August on Friday at 12:30 GMT. The data is set to play a decisive role in shaping expectations for the Federal Reserve’s upcoming interest rate decision later this month. Market expectations Economists project that Nonfarm Payrolls will rise […]
EUR/CAD holds gains above 1.6100 ahead of Canadian jobs report
The EUR/CAD pair continued its upward momentum for a third consecutive session on Friday, trading slightly higher near 1.6115 during the late Asian hours. The move comes as traders await Canada’s August employment data, scheduled for release at 12:30 GMT. Markets anticipate the report will show a modest increase of 7.5K jobs, following July’s sharp […]