Beginner Forex book

Beginner Forex book will guide you through the world of trading.

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

FBS Mobile Personal Area

FREE - In Google Play

View
The volatility for the USD is expected

The volatility for the USD is expected

Information is not investment advice

The level of non-farm payrolls, also known as non-farm employment change or NFP will be out on June 7, at 15:30 MT time.

The indicator represents the change in the number of employed people during the previous month without farmers. Traders pay huge attention to it, as it makes the US dollar highly volatile after the release. Also, we recommend you not to underestimate the unemployment rate and the level of average hourly earnings. These indicators are released at the same time as the non-farm payrolls and they tend to affect the USD as well. Last time, the NFP outperformed the forecasts. It advanced by 263 thousand jobs (vs. 181 thousand expected). However, bulls could not hold their positions due to the lower-than-expected average hourly earnings (0.2% vs. 0.3%). This time the employment data may lead to a different outcome.

• If NFP is higher than the expectations, the USD will rise;

• If NFP is lower than the expectations, the USD will fall.

Check the economic calendar

Screenshot_19.png

                                                                                                LOG IN

Similar

Popular

Choose your payment system

Learn more