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Holidaying in America soon? Or returning from America?

31st May 2018

If so you might be interested to know how tomorrow’s U.S. Non-Farm Pay roll will affect the strength of your buck.

U.S. Non-farm Payroll figures (which represent the number of paid U.S. workers) are due out tomorrow. As with other indicators the difference between actual non-farm data and expected figures will determine overall impact on the U.S. Dollar. Last month figures disappointed at 164k (192k expected). However this May the U.S. is expected to have added 178k new jobs which if the data matches expectations, will likely strengthen the dollar. Tomorrow might be an opportunistic moment to buy or sell the U.S. Dollar.

Today’s USD rates are:

GBP/USD 1.29

USD/GBP 1.34

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Milestone Supermarket, Rathfriland, Co.Down