U.S. government data releases hold significant sway over the global over-the-counter forex market, as the U.S. dollar accounts for nearly 88% of all international forex transactions. While most ...
The EUR/USD daily chart shows the pair in a slight bullish tone earlier in the week after stabilizing above the 1.1600 level.
How Does NFP Affect Forex? NFP (Non-Farm Payrolls) is data released by the Bureau of Labor Statistics every year. For the Federal Reserve Bank, employment is a huge factor to consider. For example, ...
A 180K expansion in U.S. Non-Farm Payrolls (NFP) accompanied by a pickup in household earnings may yield a bullish reaction in the greenback as it puts pressure on the Federal Open Market Committee ...
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