Reliable information on the course of The dollars for Forex
Ahead of the non-agricultural sector employment data on Friday, the US forthcoming,
investors will be watching Wall Street ADP estimates of the rate of employment, due out at
12:15 GMT. Although these estimates are not considered very accurate (it has declined
over the past months by 76 thousand jobs, for example), it still may affect the currency. At
the present time, it is expected that the ADP report to be issued indicating that the number
of new jobs could reach 175 thousand jobs and that the official rate could reach about 180
thousand jobs. If the decline in either of these two estimates under the real numbers, we
may see a rise in the US dollar. Later today (at 14:30 GMT), is due to release the weekly
report of stockpiles of crude oil, which is expected to show an increase in the oil stockpiles.
