Non Farm Payroll Report
Be Prepared! U.S. Non-Farm Employment Change Tomorrow At 12:30 GMT
| Courtesy of Forexyard
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 tomorrow, Friday, May 7, at 12:30 (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, please read below. |
What is the Non-Farm Employment Change Report? |
Slow Trading on Easter Friday
There was a 100pip spike on most currency pairs today due to the US non-farm payroll reports. The Economy added 162,00 jobs in march, just shy of the 184,000 expected. The official unemployment rate is at 9.7%. This resulted in a higher USD. The Yen pairs dropped today across the board. The good news is that the majority of the jobs added accounts for private section.
Other than that trading is fairly slow and flat. The European Markets are closed today for Easter Friday and while the US Market is Open, it is likely in vacation mode.
Upcoming USD News and Non Farm Pay Roll Report
It’s official, the Non-Farm Payroll is this Friday. As always, every first Friday of the month.
There was some confusion and uncertainty as this Friday is Good Friday and some brokers’ support are closed, however just today there were several more USD News events for April 1st and the NonFarm Payroll News Times were released as well:
Thursday April 1st 2010
11:30 USD Challenger Job Cuts
12:30 USD Unemployment Claims
14:00 USD ISM Manufacturing PMI
14:00 USD Construction Spending
Friday April 2nd 2010
12:30 USD Unemployment Rate
12:30 USD Average Hourly Earnings
12:30 USD Nonfarm Employment Change
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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