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Past performance is not a guarantee of future results. Please remember that technical analysis is only a tool for trading and even targeted analysis is no guarantee of profits. Forex trading carries a substantial risk of loss and only discretionary capital should be used in trading.

US employment report

Non-Farm Payroll Special Report: Preview of the US Unemployment Release for June 2008 (PDF format)

Posted by Greg Michalowski on Wed, 07/02/2008 - 2:26pm in

Find attached a detailed preview of the US Unemployment release due out tomorrow at 8:30 AM EDT.  To access the report in PDF format click here:

June Unemployment.pdf .

As always, the event risk for the market increases greatly during this release.  The volatility and risk will be magnified by the ECB rate announcement and subsequent press conference by ECB President Jean Claude Trichet at the same time of the release. 

As a result, analyze open positions and make the necessary changes to reflect the increased risk and volatility for the events that will take place at 8:30 tomorrow morning.