Traders await NFP

Traders await NFP

US Non-Farm Employment Change, also known as Nonfarm Payrolls or NFP, will be released on February 1 at 15:30 MT time.

The indicator shows how many jobs were created in the United States during the last month. It’s released together with the unemployment rate and the average hourly earnings indicators. All 3 of these indicators have a great impact on the USD.The last time, on January 4, NFP came out at 312K (higher, than the forecast of 179K), and wage growth accelerated to 0.4% (this is the change in average earnings index). Traders bought the US currency on the news, and the USD was supported.

• If the NFP is greater than expected, the USD will go up.

• If the NFP is weaker than expected, the USD will go down.

Check the economic calendar

Screenshot_5.png

                                                                                                      Log In

Similar

Latest news

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

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