Don’t waste your time – keep track of how NFP affects the US dollar!

Data Collection Notice

We maintain a record of your data to run this website. By clicking the button, you agree to our Privacy Policy.

facebook logo with graphic

Join Us on Facebook

Stay on top of company updates, trading news, and so much more!

Thanks, I already follow your page!
forex book graphic

Beginner Forex Book

Your ultimate guide through the world of trading.

Get Forex Book

Check Your Inbox!

In our email, you will find the Forex 101 book. Just tap the button to get it!

FBS Mobile Personal Area

market's logo FREE - On the App Store


Risk warning: ᏟᖴᎠs are complex instruments and come with a high risk of losing money rapidly due to leverage.

69.21% of retail investor accounts lose money when trading ᏟᖴᎠs with this provider.

You should consider whether you understand how ᏟᖴᎠs work and whether you can afford to take the high risk of losing your money.

Non-Farm Payroll

NFP (Non-Farm Payroll)

Non-farm payrolls are monthly statistics showing the change in the employees’ number for the previous month. They may also be known as non-farms or NFPs. The NFP gets its name from jobs that aren’t included: agricultural workers and those employed by private households or non-profit organizations.

The data is usually released on the first Friday of any month and can significantly impact multiple markets. Check еconomic calendar in order not to miss it. The NFP consists of three parts of news releases:

  • NFP numbers: how many new jobs were created/lost
  • Unemployment rate: total unemployment rate
  • Average Hourly Earnings: change in the price that enterprises pay for labor.

Why is it important?

For the Federal Reserve, employment is a huge factor to rely on. When employment is high and in good economic health, politicians pursue a contractionary monetary policy with high interest rates. Thus, if the unemployment rate is higher than usual, the economy is considered to be operating below its potential and politicians will try to stimulate it. An expansionary monetary policy entails lower interest rates and lowers the demand for the dollar (money flows out of the low-yield currency).

For Forex traders, NFP is definitely an occasion. They follow it to see how the USD pairs (EURUSD, AUDUSD, USDJPY, USDCHF, GBPUSD, and others) react. Gold is also a popular asset to trade on NFP results.

Let’s see how volatile Forex market can be after the NFP release. The expected NFP results as of January 7, 2022 were 426,000 (jobs added), the actual result was disappointing with only 199,000 jobs added. As a result, volatility increased, and the dollar index lost around 500 points.


How to trade on NFP release?

If NFP is higher than expected, the USD will rise. If NFP is lower than expected, the USD will fall. The unemployment rate situation is the opposite: the lower the indicator, the better for the US currency.

Check the video from our analyst to learn more about a NFP trading strategy.


2022-07-04 • Updated

Choose your payment system


Please fill in the form below so we can contact you

Select the best time for us to call you. We give calls from Monday to Friday in suggested intervals. In case we couldn't get through, we will try again at the same time the next day. For getting real-time assistance, use FBS chat.

We provide only English-speaking callbacks. If you prefer any other languages, contact the support team.

We will call you at the time interval that you chose

Change number

Your request is accepted.

We will call you at the time interval that you chose

Next callback request for this phone number will be available in 00:30:00

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later