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8 May 2015
US NFP forecast at 195K - TDS
FXStreet (Barcelona) - FX Strategists at TD Securities estimate US NFP to print a below consensus figure at 195K.
Key Quotes
"For NFP, we are looking for 195K new jobs in April, which is below the consensus estimate of 230K but broadly consistent with yesterday’s disappointing ADP print (in fact, the ADP number suggests a slight downside risk to our forecast)."
"We expect the unemployment rate to remain unchanged at 5.5% (consensus: 5.4%)."
Key Quotes
"For NFP, we are looking for 195K new jobs in April, which is below the consensus estimate of 230K but broadly consistent with yesterday’s disappointing ADP print (in fact, the ADP number suggests a slight downside risk to our forecast)."
"We expect the unemployment rate to remain unchanged at 5.5% (consensus: 5.4%)."