Investors are eagerly expecting the release of the Nonfarm payroll on May 6 because the results are indicative of the health of the American economy.
The projected number of employed people is 400,000, which falls short of 431,000 Americans employed in the previous month. The unemployment rate is predicted to be 3.6%.
Did you know that the Nonfarm payroll heavily affects the US dollar, the bond market, and the stock market?
The US Bureau of Labor Statistics surveys about 486,000 individual worksites to provide detailed industry data on employment, hours, and earnings of workers on nonfarm payrolls.
Will the results published this week bode well for the USD?

Will US NFP change the direction of the financial markets?