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Locked and loaded for another edition of non-farm payrolls
The US jobs report is due at the bottom of the hour with the Canadian report out at the same time. The consensus is +205K with unemployment steady at 3.4%
Seasonally, the headline payrolls print is strong in February coming in above estimates 73% of the time and missing 27% of the time by 70k and 121k, respectively, on average, according to BMO.
The market is back to almost 50/50 on whether the Fed hikes 25 bps or 50 bps on March 22 but that's more about what's happening in the US... Read More
Posted: Mar 10 2023, 13:17
Author Name: forexlive
Views: 110766