The United States Bureau of Labor Statistics will release the critical jobs report on Friday at 12:30 GMT. The employment data could help gauge the size of the Fed interest-rate cut in September, rocking the US Dollar. The United States Bureau of Labor Statistics will publish August's highly anticipated Nonfarm Payrolls data on Friday at 12:30 GMT.
Alternatively, acceptance below the 21-day SMA at 1.1061 is critical for a sustained correction. The next healthy support levels are seen at the 1.1000 round figure and the 50-day SMA at 1.0939,” Dhwani adds. Economic Indicator Nonfarm Payrolls The Nonfarm Payrolls release presents the number of new jobs created in the US during the previous month in all non-agricultural businesses; it is released by the US Bureau of Labor Statistics . The monthly changes in payrolls can be extremely volatile.