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/JPY - US jobs data a setback but no game changer

US NFP 216,000 (170,000 expected, 173,000 in November revised down from 199,000) Average hourly earnings (MoM) 0.4% (0.3% expected, 0.4% in November) USDJPY rebounds off key Fibonacci level The first US jobs report of the year was an early reminder to investors that things don't always go their way, despite the experience of the last couple of months. Whether it was just exuberant festive cheer or something more, investors bounced into the end of 2023 full of hope that not only is the tightenin

05-01-2024 12:15 GMT by Craig Erlam

Canadian dollar eyes US, Canada jobs data

US nonfarm payrolls expected to fall to 177,000 Canada's employment change projected to drop to 13,500 The Canadian dollar is showing limited movement on Friday, but that could change in the North American session, when Canada and the US release the December employment reports. In the European session, USD/CAD is trading at 1.3363, up 0.10%. The Canadian dollar looked sharp in December, with gains of 2.27%.

05-01-2024 04:40 GMT by Kenneth Fisher