Non-farm payrolls (NFP) news

Stay ahead of the curve with our dedicated non-farm payrolls (NFP) page. This crucial economic indicator provides a snapshot of US employment, excluding agricultural workers, and has a significant impact on financial markets. Here, you'll find up-to-the-minute coverage of NFP releases, including expert analysis of the data, its implications for the Federal Reserve's monetary policy, and its influence on various asset classes. Explore forecasts, understand market reactions, and gain insights into the broader economic trends revealed by this key report.

USD/CAD steady as job growth falls in Canada, US

The Canadian dollar is showing little movement on Friday. In the North American session, USD/CAD is trading at 1.3618, up 0.05% on the day. Canada and the US released employment data today and surprisingly, the Canadian dollar has showed almost no reaction. Canada’s labor market contracted in June, with a decrease of 1.4 thousand.

05-07-2024 09:41 GMT by Kenneth Fisher

EUR/USD Advances, DXY Eyes Trendline Break - Jobs Data Up Next

EUR/USD rises above 1.0800 due to weak US economic data and a weaker USD. Market anticipates a 71.6% chance of a rate cut in September. DXY is at a psychological support level ahead of US jobs data release. Most Read: UK Election 2024: Impact Analysis on GBP and FTSE 100 EUR/USD continued its upward momentum on US Independence Day, capitalizing on a weaker USD and low market liquidity to rise above the 1.0800 level. A series of weak US economic data this week has increased expectations for rat

05-07-2024 03:11 GMT by Zain Vawda