Payrolls week: what's your plan?
Non-farm payrolls week concentrates the dollar's attention: the jobs report, revisions and wages all land on one Friday (guide).
Post before the release:
- your expectation for the numbers
- the pairs you're watching into Friday
- your plan for the release minute (including staying flat)
Predictions posted before the release are the useful kind.
Background: Non-farm payrolls explained: why the US jobs report moves the dollar
The monthly Employment Situation report is one of the most traded events in currency markets. What it measures, when it comes out and why the first move often fades.
When is the non-farm payrolls report released?
Usually on the first Friday of the month at 8:30 a.m. New York time. The exact dates are on the Bureau of Labor Statistics release schedule.
What is a good NFP number?
There is no fixed level. Markets react to how the figure compares with economists' forecasts, and to revisions, wages and the unemployment rate in the same report.
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