Non-Farm Payrolls (NFP) is a monthly US report showing how many jobs were added outside farming. Released on the first Friday of each month, it is one of the biggest market-moving events in forex, often causing sharp, fast moves in US dollar pairs within seconds of release.
Forex Term
Non-Farm Payrolls (NFP)
A monthly US jobs report that moves the market sharply.
Example
A much stronger-than-expected NFP figure can push USD pairs dozens of pips in minutes.
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