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It’s a near coin flip (not quite though) between a 25bp and 50bp Fed interest rate cut

This update from FedWatch heading into the NFP report later today.

The NFP data is due at 8.30 am US Eastern time (1230 pm GMT).

Earlier posts:

Goldman Sachs on what its gonna take from NFP for a 50bp interest rate cut from the FOMCOptions are pricing in big stock swings on NFP FridayPreview: Why August non-farm payrolls frequently disappointWhat would it take from non-farm payrolls to get a 50 basis point cut?Goldman Sachs NFP preview, say that August payrolls often have a negative bias initiallyFriday’s NFP result could prompt a 50bp rate cut by the Federal Reserve

This article was written by Eamonn Sheridan at www.forexlive.com.

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