02:22 GMT+3 / 28.05.2024
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GET READY for volatility - don't miss NONFARM PAYROLLS

NFP - Nonfarm Payrolls

Dear traders, Are you ready for the release of NonFarm Payrolls? Today, on February 2, at 15:30 Moscow time, data on employment and unemployment in the United States for January 2024 will be released. Often, the release of this data causes a spike in volatility in the markets.

Low NFP (less than 150 thousand) can put pressure on the USD exchange rate: investors will assume that the Fed will reduce the pace of rate hikes. High NFP (over 250 thousand) are able to strengthen the US currency, highlighting the strength of the labor market, and reviving expectations of a sharper and longer rate hike.

NFP - Nonfarm Payrolls

Keep an eye on upcoming key events that may significantly affect the markets.

Keep up to date with the news with the Economic Calendar FxPro!
It is available on the website and in the branded mobile application.

02 February 2024
RISK WARNING
Conducting trading operations in financial markets with margin financial instruments has a high level of risk and can lead to losses and loss of investment funds. When starting trading, make sure that you are fully aware of all the risks, as well as have the appropriate knowledge and experience for trading.

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Trading in Financial Markets carries a high level of risk for investors. All materials are published for informational purposes only.