How Will USD React to NonFarm Payrolls?

How Will USD React to NonFarm Payrolls?

What will happen?

NonFarm Payrolls data will be announced at 15:30 MT (GMT+2) on Friday, December 3.

This is vital economic data released shortly after the month ends. Job creation is an important leading indicator of consumer spending, which accounts for most of the overall economic activity.

Last time the result overperformed the expectations, but EUR/USD rose, as the risk of an earlier tapering decreased.

NFP.png

How to trade on NonFarm Payrolls?

  • If the US NonFarm Payrolls is greater than forecast, the USD is likely to strengthen against other currencies.
  • If the US NonFarm Payrolls is lower than forecast, the USD is likely to weaken against other currencies.

Instruments to trade: USD/CAD, USD/CHF, GBP/USD

TRADE NOW

Similar

An index that will rock USD
An index that will rock USD

The United States will publish the ISM Non-Manufacturing PMI on Thursday, January 6, at 17:00 GMT+2 (MetaTrader time).

News from US central bank
News from US central bank

The Federal Reserve (FOMC), US central bank, will publish its December meeting minutes on Wednesday, January 5, at 21:00 GMT+2 (MetaTrader time).

Latest news

ZEW Sentiment Will Help the Euro
ZEW Sentiment Will Help the Euro

Leibniz Centre for European Economic Research (ZEW) will release an economic sentiment index for Germany on January 18, 12:00 GMT+2

Deposit with your local payment systems

Be on top of your game

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera