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.

Canadian dollar muted as BoC holds rates

Bank of Canada holds rates for third consecutive time US releases nonfarm employment on Friday The Canadian dollar is almost unchanged on Thursday. In the European session, USD/CAD is trading at 1.3596, up 0.03%. BoC pauses as expected There were no surprises from the Bank of Canada, which maintained the cash rate at 5.0% on Wednesday.

07-12-2023 07:47 GMT by Kenneth Fisher

Market Insights Podcast - US ADP softer, Bank of Canada holds rates

OANDA Senior Market Analyst Craig Erlam joins Jonny Hart and Trader Nick to discuss the US economic data, the Bank of Canada interest rate decision, and another fall in oil.

07-12-2023 04:45 GMT by Craig Erlam