Yesterday, Kathy Lien presented four possible scenario's for today's US Non-Farm Payroll report. Which way do you think it will go?
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Scenario 1: NFP Exceeds 200k, Unemployment Rate Unchanged or Better – Dollar Positive
Scenario 2: NFP Less than 200k, Unemployment Rate ticks Higher, Nominal Revisions – Dollar Negative
Scenario 3: NFP Exceeds 200k, Unemployment Rate Increases – Mildly Dollar Positive, Depends on Size of NFP Surprise
Scenario 4: NFP Less than 200k, Unemployment Rate Unchanged or Better - Nominal Reaction in USD