The most important economic data of the month is coming.

What is it?

The non-farm payroll (NFP) report is a key economic indicator that comes out of the United States every first or second Friday of the month. The report is intended to represent the total number of paid workers in the U.S. not including the farm employees, government employees, private household employees and employees of nonprofit organizations.

The NFP report brings one of the largest rate movements of any news announcement in the forex market. As a result, many analysts, traders, investors and speculators anticipate the NFP number - and the directional movement it will cause.

With so many different parties watching this report and interpreting it, even when the number comes in line with estimates, it can cause large rate swings. Let alone if the numbers surprise or disappoints.

Most financial assets are being affected by this announcement – EUR/USD and other major currency pairs, Gold and other big commodities and Stocks such as Apple, Amazon and much more.

With all this taken to consideration, it’s clearly a good day for trading.

It’s also a great chance for you to activate our service and follow our trading indictors before the announcement will be released.

It’s very simple, just talk to us on the chat to get started.