Nonfarm Payrolls

Non-Farm Payroll (NFP) reports are an employment-related key economic indicator that affects all major currency pairs. Historically, NFP news announcements can cause large rate swings. Higher payroll figures translate to good economic growth, while lower figures are detrimental for the economy as it directly relates to the unemployment rate and manufacturing sector. NFP reports are generally released on the first Friday of every month at 8:30 a.m. EST.

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