What Is The NFP?
Non Farm Payrolls are an economic indicator released monthly by the United States Department of Labour, as part of a comprehensive report on the state labour market. It is considered by investors to be one of the most significant market moving releases because it is used as a gauge of the country’s economic health.
The NFP Release Countdown
What Impact Does It Have On The Forex Market?
The release of this data provides a valuable insight into the labour force, and has a direct impact on the value of the USD and other major commodities. The total NFP accounts for 80% of the workers in the US that contribute to the GDP of the United states. The figure attempts to determine the true unemployment levels in the country.
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In this webinar our expert Stavros Tousios will cover:
- What is the NFP report and how the market usually reacts to this data release?
- What are the pros and cons of trading the NFP?
- How to position yourself before and after the NFP
Join our analysts ahead of the release of the US Non-Farm Payroll report to find out what this month's data may mean for the markets.
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