Module 5: Fundamental Analysis
NFP (Non-Farm Payrolls)
5 min read
NFP is a monthly US jobs report that often causes sharp moves in USD pairs and gold.
What it measures
Published by the US Bureau of Labor Statistics, usually on the first Friday of the month, it reports jobs added outside farming, along with the unemployment rate and average hourly earnings.
Spreads can widen and prices can jump around the release. Many beginners choose to stay out of the market at that moment.
Key takeaways
- NFP is a major monthly US labour report.
- Wages and unemployment matter too.
- Spreads and slippage rise at release.
Educational content only, not financial advice. Trading forex and CFDs involves significant risk of loss.