NFP (non-farm payrolls)(NFP (non-farm payrolls))
US employment data released on the first Friday of each month; one of the most volatile moments of the month for the dollar, indices and gold.
Also written as: NFP · tarım dışı istihdam
The report includes the number of new jobs, the unemployment rate and average hourly earnings. Stronger-than-expected data usually supports the dollar and reduces rate-cut expectations; however, the market's reaction depends on "which figure stood out" and on the prior pricing.
Release time is 15:30 Turkey time (UTC+3) (during summer time). The move in the first 5-15 minutes is often reversed; it is the most expensive window for inexperienced traders.
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