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.
The report includes the number of new jobs, the unemployment rate and average hourly earnings. Data stronger than expected generally supports the dollar and lowers expectations of a rate cut; but the market's reaction depends on which figure stands out and on what was priced in beforehand.
It's released at 15:30 Turkey time (UTC+3) during US summer time. The move in the first 5-15 minutes is often reversed; it's the most expensive window for inexperienced traders.
Related terms
Where it appears in the guides
Guides whose text uses this term; most frequent first.