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.

GBP/USD edges lower, UK employment next

The British pound has started the trading week in negative territory. In the North American session, GBP/USD is trading at 1.2807, down 0.39%.

11-03-2024 13:23 GMT by Kenneth Fisher

EUR/USD Technical: At risk of minor mean reversion decline as US NFP looms

EUR/USD has evolved into a short-term uptrend phase as it traded back above its 20-day and 50-day moving averages in the past two days. Yesterday’s swift upmove of +89 pips ex-post ECB increases the risk of a minor mean reversion decline for the EUR/USD. The consensus estimate for today’s US NFP is pegged at a relatively low expectation of 200K jobs added for February below 353K added in January. Watch the 1.0970 key short-term resistance on the EUR/USD

08-03-2024 05:12 GMT by Kelvin Wong