
Last week, there were sharp swings in USDJPY, a decline in oil prices, and a surge in Tesla stock. What's next?
US Non-Farm Employment Change, also known as Nonfarm Payrolls or NFP, will be released at 15:30 MT time on August 2.
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 July 5, NFP came out at 224K (readings close to 200K are considered to be strong). The slight disappointment with the unemployment rate and average earnings index didn’t spoil the picture. Traders bought the US currency on the news, and the USD rose versus all major currencies.
• If the NFP is higher than expected, the USD will rise.
• If the NFP is lower than expected, the USD will fall.
Last week, there were sharp swings in USDJPY, a decline in oil prices, and a surge in Tesla stock. What's next?
Geopolitical factors and inflation remain the main drivers of financial markets. Let’s see how to use that in trading!
Last week was super intense! Geopolitical turbulence made the Russian ruble the most volatile currency. Gold rose and fell by more than 8000 points each time.
The Australian Bureau of Statistics will announce the updated Unemployment Rate and Employment Change data on Thursday, May 19, at 04:30 MT.
The UK Office for National Statistics will publish Consumer Price Index (CPI) data on Wednesday, May 18, at 09:00 MT.
The US Census Bureau will announce Core Retail Sales and Retail Sales on Tuesday, May 17 at 15:30 MT.
FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.
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 will guide you through the world of trading.
We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.