Tomorrow is NFP Friday

Tomorrow the US releases it's biggest report of the month called the Non-Farm Payroll report. Every currency trader who plays this market comes out for this one because it can be a huge market mover. This month should be no exception. As the US appears to be on the brink (if not already in) a recession, the NFP gives more insight into US employment. Yesterday we had the ADP Nonfarm Employment Change report that came in 70K higher than expected. This was huge and if this is any indication of the NFP numbers to come out tomorrow, this could be very good for the US dollar. The USD has been gaining strength for a while now so we'll see if this trend continues. Get ready because tomorrow at 8:30am EST, the ride begins!