March Non-Farm Payroll Report Tomorrow
The Non-Farm Payrolls Report (NFP) released by the Bureau of Labor Statistics of the US Department of Labor is one of the most important data that is released every first Friday of the month. In the days leading up to this report you’ll likely see some consolidation and quiet-times.
The report presents the number of people on the payrolls of all non-agricultural businesses. The monthly changes in payrolls can be excessively volatile. A high reading is seen as positive (or bullish) for the USD, while a low reading is seen as negative (or bearish).
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