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.

Australian dollar powers higher, nonfarm payrolls next

Australian dollar has surged around 2% since Wednesday US Senate approves debt ceiling bill Nonfarm payrolls expected to drop to 190,000 The Australian dollar is on a tear. AUD/USD jumped 1% on Thursday and has added another 0.86% today and is trading at 0.6629. The US dollar retreated against the majors on Thursday, as news of a debt ceiling agreement raised risk appetite.

02-06-2023 07:23 GMT by Kenneth Fisher

EUR/USD gains ground on hawkish Lagarde, nonfarm payrolls loom

EUR/USD jumps after Lagarde says core CPI too high US nonfarm payrolls expected to ease to 190,000 The euro is drifting on Friday, trading at 1.0777. EUR/USD posted its strongest one-day performance since late April on Thursday, gaining 0.69%. The driver behind the upswing was a hawkish ECB President Lagarde, who said, "There is no clear evidence that underlying inflation has peaked".

02-06-2023 06:25 GMT by Kenneth Fisher