Live Fx Signal News Education Forex Non-Farm Payrolls with Signals
Forex Non-Farm Payrolls with Signals
Forex Non-Farm Payrolls with Signals by FxPremiere Group
Non-Farm Payrolls (NFP) measures the amount of jobs gained in the U.S. during the previous months that aren’t farm related. It is typically released on the first end of the week which is a friday ( first friday ) of the new month, and also includes the Unemployment Rate, Average Hourly Earnings, and the Participation Rate. While all of those releases can have an impact, NFP is the main driver of market movement and is often times the single most-watched economic event that is released on a monthly basis.
Unlike men, not all economic news events are created equal. Some events create a lot of hysteria and knee-jerk reactions, whereas others barely cause a blip on the radar. The ubiquitous Non-Farm Payroll (NFP) report out of the U.S. is an example of the former.
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So much attention is paid towards to the NFP report that pundits from across the financial blog sphere attempting to predict its eventuality and impact across a variety of financial capital market investment spectrum instruments.
The large reaction is due in part to the Dual Mandate of the Fed Reserve FRB Bank Open Market maximum employment and stable prices. The “maximum employment” part of that mandate means that the Federal Reserve looks at NFP to help determine what interest rates will be in the future which has an outsized impact on the health of the economy.
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If the market moves against you by the predefined number of pips, then a market order is triggered and the stop order is executed at the next available rate depending on liquidity.
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