According to the forecast, the number of employed increased by 166 thousand, while the unemployment rate remained at around 3.9%. In the last month of 2018, 312 thousand jobs were created, with 301 thousand of which were created in the private sector. The growth rate of wages has accelerated, prices are rising against the background of improving the situation on the labor market. The only negative result of the employment report was an unexpected increase in the unemployment rate to 3.9%, due to the fact that the share of the economically active population in the US increased .
The change in the number of people employed in the non-agricultural sector will certainly be lower than the previous indicators, but I don’t think it is so much lower. I count on a positive result. I predict the growth of the pair
I think that this time, after the latest news in the Eurozone
Markit's Composite Business Activity Index (PMI) will rise, which will positively reflect on the course in the eurozone. I count on the growth of the pair
The manufacturing PMI in Germany usually has a positive effect on the euro, but considering that 5 minutes before this news is released, the French PMI is the result of the PMI, the results may be unexpected. I guess the pair is growing.
It is not clear how the adoption of Brexit will affect the GBP now, but I think in January the index of business activity in the manufacturing sector will positively affect the exchange rate. I guess the pair is growing.