Forex News 10 Major banks predicts NFP reports and expecting something for USD

[cstrading]

Major banks expects a employment drop of 8-10 million and the consensus is very weak (-8 million) and the unemployment rate will be around 20% for the month of may.

Hope USD recovers soon !!!

 

[zuluwarrior]

US is creating jobs this will be a false recovery like printing money

 

[cstrading]

US is creating jobs this will be a false recovery like printing money

Yes may be, because in this situation, how can they create jobs.

 

[zuluwarrior]

Creating jobs as in jobs on paper to make the unemployment figures look better. Its easy