My guess for tomorrow’s non-farm payrolls report

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I’m leaning to the upside for tomorrow’s non-farm payrolls report.

Today’s jobless claims number was upbeat and the Fed didn’t seem overly concerned about employment yesterday — the Fed might have been given a preview of the numbers.

If I had to choose a number, I’d say +180.

Take a guess in the comments of our non-farm payrolls contest. If you’re right, we’ll set you up like last month’s winner Justin (tricked-out computer equipment not included).

Justin forexlive tshirt winner trade desk

Author: Adam Button

Adam Button is the managing editor of ForexLive™. He was previously the chief currency strategist at XForex and has also worked with Intermarket Strategy. Adam believes there's an edge in knowing every tidbit of news. He was formerly the head of the markets team at the Canadian Economic Press and is a graduate of Ryerson University. Adam lives in Montreal, follow him on Twitter: @FX_Button.



Adam Button


  1. Hello Adam,
    What is your thoughts about JPY crosses? If tomorrow’s non-farm payrolls date is positive we could see EUR/JPY pair downtrend?

  2. +178k

  3. If payrolls is upbeat, the yen will weaken broadly and EUR/JPY will gain.

  4. I think UJ has been grounded and refueling long enough. Time to taxi to the runway and takeoff !

  5. Interesting number, yours, Adam. It would be a “beat”, but it would also actually be slightly below what’s necessary to merely keep up with population growth. Last month the yen was sold on a rotten number, so who’s to say a “beat” like that wouldn’t lead to dollar selling this time? As you know, the standard error on NFP is huge, like around 100k. So any substantial revision might be weighty, too.


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