NFP

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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Be Prepared! US Non-Farm Employment Change Tomorrow at 13:30 GMT

The first Friday of every month is Non-Farm Payroll (NFP) Day, an exciting trading time for those trading the news.

Here is what Forexyard has to say about it:

Be Prepared!  US Non-Farm Employment Change Tomorrow at 13:30 GMT

We at ForexYard encourage our customers to get involved in the most intense market events. As such, we think you should know that U.S. Non-Farm Employment Change figures are expected on Friday, February 5th, at 13:30 GMT, and you need to be prepared. Market events like this one tend to create either big changes to current trends or push current trends even further.  For more information about the U.S. Non-Farm Employment Change report, please read below.

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Friday, February 5th, 2010 Fundamental Analysis 2 Comments

Non Farm Payroll Report Tomorrow

Every first Friday of the month the US Non Farm Payroll Report (NFP) is released.  This is big news and a great opportunity to capture some pips.  The NFP Report tomorrow is even more so significant as it is the last of 2009 and typically the US $ has been known to shift gears in December.   The last few NFP report have seen a spike followed by a quick reversal so don’t be too quick to act.

If you’re looking for a great system to trade the NFP then be sure to check out Currency Connect.

Happy Trading!

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Thursday, December 3rd, 2009 Economic Calendar, Fundamental Analysis No Comments
 

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