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VestoFX is the trade name of EVBX LTD (ex Vstar & Soho Markets Limited) which is registered as a Cyprus Investment Firm (CIF) and licensed by the Cyprus Securities and Exchange Commission (CySEC) under licence number 409/22.
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Non-Farm Payroll Report and Its Impact on Markets
The Non-Farm Payroll (NFP) report is a key economic indicator for the U.S. economy, released monthly by the Bureau of Labor Statistics (BLS). It tracks the number of workers employed in sectors such as goods, manufacturing, and construction, excluding farm and government workers. The report helps assess the health of the economy and can influence decisions by the Federal Open Market Committee (FOMC), particularly regarding interest rates.
This report includes critical data like the unemployment rate, the number of jobs added or lost in key sectors, and average hourly earnings. Given its potential to cause significant market movements and volatility, traders closely monitor the NFP report and often speculate on the data before its official release.
Markets Most Affected by the NFP Report
The forex market, especially the U.S. dollar, is most sensitive to the NFP report. A strong report typically leads to a stronger USD, while a weak report may weaken it. The stock market and commodities like gold and oil are also influenced by the report, as it provides insight into the overall economic condition of the U.S.
Forex Market
The U.S. dollar and currency pairs like EUR/USD, GBP/USD, and AUD/USD are significantly influenced by the Non-Farm Payroll (NFP) report. If the data reflects a strong U.S. economy with growth and job creation, the U.S. dollar tends to strengthen. Conversely, if the economy shows signs of decline, with rising unemployment and potential interest rate cuts, traders may look to stronger currencies as a safer option.
Gold
The NFP report also impacts gold, as it is considered a safe-haven asset. If the report indicates a weakening U.S. economy and a declining U.S. dollar, traders may turn to gold as a hedge against potential economic instability.
Non-Farm Payroll 2025 Dates
The NFP report is released on the first Friday of each month, an hour before the U.S. stock market opens. This regular schedule makes it a crucial event for traders to monitor for potential market-moving data.
Month | Day | Time (New York) |
---|---|---|
January | 10 | 08:30 |
February | 7 | 08:30 |
March | 7 | 08:30 |
April | 4 | 08:30 |
May | 2 | 08:30 |
June | 6 | 08:30 |
July | 3 | 08:30 |
August | 1 | 08:30 |
September | 5 | 08:30 |
October | 3 | 08:30 |
November | 7 | 08:30 |
December | 5 | 08:30 |
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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Like all investment opportunities, trading Forex and CFD involves risk of loss. Here at Vestofx, we provide you with access to an education centre, risk-management tools and a customer support team.