When Is Nfp Forex. Non-Farm Payrolls, or NFP for short, is a monthly number put out by the Bureau of Labour Statistics that measures what percentage change in employment there was since last month. The non-farm payroll (NFP) report is a key economic indicator for the United States economy.
The NFP report generally affects all major currency pairs, but one of the favorites among traders is the British pound/U. The NFP usually influences a great deal on the changes in the Forex market. How to use NFP data to help your forex trading.
What Is the NFP Trading Strategy?
This is the time, every month, that the US Bureau of Labor Statistic releases the Non-Farm Payroll (NFP) report and this report is probably the biggest fundamental piece of data.
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Non-farm payrolls (NFP) are monthly measurements of how many workers there are in the US, excluding farm workers and a few other job types such as government workers, private households and non-profit employees. Interesting trading approach – beside that if someone looks at the latest official NFP numbers, the lousy forecast, and funny experts who said some hours before the release that there is high propability the numbers will be worse ( more down) than the forecast, it's clear that there is something fishy with those official numbers. and all the circumstances. Forex traders utilize an economic calendar to anticipate the publication of the NFP.