Nonfarm Payrolls May Show a Big Surprise

Posted by Forexsq 693 days ago (http://online.wsj.com)
img forexsq - If you are fixating on whether Friday's U.S. nonfarm-payrolls report will show that jobs rose in September by the consensus forecast of 118,000, you might be focusing on the wrong number.

The real action, at least for short-term traders with an eye for opportunistic investing, could lie in the revisions to prior months. And if history and its uncanny record of upward adjustments to August numbers is any guide, such traders might want to be ready to buy the dollar versus the yen. forex

Who Voted for this Story


|  

Become Our Fan