US Non-Farm Payroll 07/02/09

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Actual: -467K Forecast: -360K Previous: -322K

DEFINITION
“Measures the change in number of employed people during the previous month, excluding the farming industry. A rising trend has a positive effect on the nation´s currency. Job creation is an important indicator of economic health because consumer spending, which is highly correlated with labor conditions, makes up a large portion of GDP. This report is the first of the month that relates to labor conditions, making it susceptible to big surprises.”

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About Henry Liu

My name is Henry Liu and I am a Forex Trader and Mentor. I help traders achieve consistent income trading Forex while spending less time trading. My focus in trading is a combination of Fundamental Analysis, Technical Analysis, and Market Sentiment. Far too many retail Forex traders concentrate on just one aspect of trading, technical analysis, and ignore everything else; it is my goal (and vision) to educate every trader on how to take advantage of news trading and become more balanced traders.

You can find more information about me on my Google Profile.

Comments

  1. Gbadebo Femi, Ajayi says:

    Thank you for the Video and the write up. It’s highly appreciated. I encountered a little problem listening and viewing the video as it breaks to load and thereby causing disjointed audio reception. I want to join the trading
    room FNTA but am afraid this may happen when I join the trading room

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