03.09.2015 - Statistics on unemployment tomorrow may strengthen the dollar
Tomorrow in the US will be released labor market report for August. The main indicators that are worth paying attention are the unemployment rate and the number of new jobs outside the agricultural sector. It is worth noting that in the case of improvement indicators, the probability of the Fed raising interest rates will increase, but the effect will be less than previously due to the expectation of a sustained improvement in the labor market of the country. At the moment, the rise of euro is possible only within the correction and we maintain a medium-term negative outlook on the European currency.