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 stalls after Canadian PMI data and Fed Chair Powell's remarks. Where to next?

USD/CAD is rangebound, frustrating traders, thanks to a host of factors from rate differentials to rising oil prices. Canadian PMI data has been softer than expected, with decreased output, new orders, and employment. Stronger oil prices have kept the Canadian dollar supported of late.

02-07-2024 13:05 GMT by Zain Vawda

Market Insights Podcast - France and UK elections, US ISM Services PMI, NFP are key highlights for this week

OANDA Senior Market Analyst Kelvin Wong joins Jonny Hart to discuss this week's key economic data and events. We kicked off the week with the post market reactions to the outcome of the pivotal first round of the France legislative elections that saw Le Pen's far right National Rally party took the lead while French President Macron's centrist alliance dropped to third place, below a far left coalition, New Popular Front party.

02-07-2024 02:25 GMT by Kelvin Wong