NFP Explained
2:06 · 7 chapters · Forex basics, part 14
What you'll learn
NFP explained: the monthly US jobs report, released at 8:30 am New York time, and why it can move the dollar in seconds.
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- Key point 1
- Published by the US Bureau of Labor Statistics, usually the first Friday
- Key point 2
- Jobs added, the unemployment rate and average hourly earnings
- Key point 3
- Links to inflation and Fed rate expectations
- Key point 4
- Surprises against the forecast move prices most
- Key point 5
- Spreads can widen and slippage can happen at 8:30 am
Rules and limits from regulators and official sources; every price, account and chart in the video is an example. Education, not financial advice.
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