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The United States will publish the non-farm employment change, also known as non-farm payrolls or NFP at 15:30 MT (GMT+3) time on August 6.
The NFP is considered one of the leading indicators of employment that represents the economic activity of the country. Additionally to this measure, you need to pay attention to the level of average hourly earnings and the unemployment rate released at the same time as NFP. Last time, the indicator significantly outperformed the forecasts (850K vs 725K expected). At the same time, the unemployment rate rose to 5.9%, above the forecast of 5.6%. These figures made the USD turbulent.
Follow the economic calendar and compare the actual figures with the consensus given.
Instruments to trade: EUR/USD, GBP/USD, USD/JPY
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The US will reveal Non-farm payrolls on January 7, Friday, at 15:30 GMT+2 (MetaTrader time).
The US Bureau of Labor Statistics will announce average hourly earnings, nonfarm employment change (NFP), and the unemployment rate on July 8, at 15:30 MT time.
The Federal Open Market Committee, a committee within the Federal Reserve, will reveal a detailed record of the central bank’s last meeting on July 6 at 21:00 MT.
The Reserve Bank of Australia will announce its cash rate and make a statement about future rate policy on Tuesday, July 5, at 07:30 MT.
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