NFP report expected to show 120K new jobs, but job growth could fall below expectations.

From Investing.com: 2025-07-03 02:57:00

The upcoming NFP report is expected to show 120K new jobs, with unemployment at 4.3% and earnings up 0.3% m/m. Leading indicators suggest job growth may fall below expectations, potentially in the range of 75-125K. The US Dollar Index has hit a 3+ year low, but could bounce back if job growth exceeds expectations. Traders are anticipating multiple rate cuts from the Federal Reserve this year. The NFP market reaction remains uncertain, with the potential for a bounce in the US Dollar if the jobs report exceeds expectations. The long-term downtrend in the US Dollar Index is likely to continue unless it breaks key resistance levels.



Read more at Investing.com: NFP Preview: Could We See the First Sub-100K Jobs Report of 2025?