Preview – USD ADP Non- Farm Employment change report


Tomorrow, Wednesday, 06-30-10 at 8:15 AM ET, the “USD ADP Non- Farm Employment change” will be released by Automatic Data Processing, Inc.

I did a “follow up” of the last months report, posted on Friday, 06-11-10, click here for a review.

Let us check out what is happening tomorrow.

USD ADP Non- Farm Employment change stats:

Previous = 55K

Forecast = 59K

It appears that the employment situation is predicted to be improving.

Here is how I am set up for tomorrow:

USD-8-15AM-ET-06-30-10
Looking for a 50K difference
Actual > Forecast = Good for USD
USD ADP Non-Farm Employment Change
——actual———-forecast———-previous
________________58K________55K
out at 108K or higher – SELL GBP/USD
out at 8K or lower – BUY GBP/USD

I did post a “follow up” of this report, click here to see what happened.

The next ADP report is scheduled for Wednesday, 08-04-10 at 8:15 AM ET.
Stay tuned!

I will probably post a “preview” a day or two prior.

So – stay tuned!

This entry was written by shark, posted on June 29, 2010 at 9:24 am, filed under Employment Economics and tagged , . Bookmark the permalink. Follow any comments here with the RSS feed for this post. Post a comment or leave a trackback: Trackback URL.

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  1. By Follow Up – USD ADP Non- Farm Employment change report - The Fundamental FOREX Blog on July 7, 2010 at 9:40 am

    [...] did a “preview” of this months report, posted on Tuesday, 06-29-10, click here for a [...]

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