From Investing.com: 2025-01-10 04:30:00

The NFP report will offer insights into the US labor market, potentially influencing Federal Reserve interest rate decisions. Consensus forecasts predict 160,000 jobs added, a steady 4.2% unemployment rate, and 4.1% YoY average hourly earnings. The US Dollar Index is at two-year highs, with the NFP report serving as a potential catalyst for further gains or pullbacks. The recent Fed meeting minutes highlighted concerns about inflation and potential impacts of proposed tariff hikes. The strength of the labor market and future interest rate moves are key points for traders and analysts to watch.



Read more at Investing.com: Nonfarm Payroll Preview: US Jobs Report and Market Impact