The United States will publish the Federal Open Market Committee Meeting Minutes on November 24, at 21:00 GMT+2.
Time to trade on NFP
US nonfarm payrolls (NFP) will be released at 15:30 MT time on September 7.
Billions of traders wait for the release of NFP every month. The indicator will show how many jobs were created in the US in August. The US Department of Labor will also publish unemployment rate and average hourly earnings. The Federal Reserve is closely monitoring these figures while making its monetary policy decisions. As a result, the release has a great impact on the US dollar in all currency pairs.
The last time, NFP came out at 157K versus the forecast of 191K but average earnings showed good growth of 0.3% and the unemployment rate declined from 4% to 3.9%. Traders focused on NFP, and the USD declined against the JPY, the GBP, the AUD, and other currencies.
• If the NFP indicator is bigger than expected, the USD will gain.
• If the NFP indicator is smaller than expected, the USD will fall.
Last week was not full of events, but we still saw decent moves in the charts of majors, S&P500, NASDAQ, oil, and crypto. The upcoming week will bring even more volatility to your favorite assets!
The US will release the Philly Fed Manufacturing Index – the impactful event for the USD and thus for all the major pairs. It will be out on November 18 at 15:30 MT (GMT+2).
What will happen? NonFarm Payrolls data will be announced at 15:30 MT (GMT+2) on Friday, December 3…
OPEC-JMMC meetings will be hosted on Thursday, December 2 during the whole day.
ISM Manufacturing PMI will be announced at 17:00 MT (GMT+2) on Wednesday, December 1.