Mar 8, 2013
Forex Flash: US NFP may surprise on the upside, at 175K in February – TD Securities
US nonfarm payrolls are the highligh of the day and consensus is looking for a 163K gain in February, essentially the same as the 157K reading in January. “TD Securities analysts are calling for a slightly higher 175K, essentially on top of the 6m trend”, wrote analyst Alvin Pontoh. “This would be consistent with the encouraging tone in the US data seen during the past few weeks, which has consistently surprised to the upside”, he added.