EUR/USD 1.14404
-0.019%
Gold 4015.33
0.979%
Oil 81.356
3.134%
USD/JPY 162.380
0.010%
GBP/USD 1.34578
-0.153%
GBP/JPY 218.532
-0.116%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
Market news: Amazons (AMZN.O) Zoox has voluntarily recalled 105 driverless taxis to address a software issue that caused the vehicles to fail to detect dense smoke and drive directly into it.According to Iranian media Fars News, an Iranian security official warned that airports in Dubai and Abu Dhabi, as well as ports in Fujairah and Jebel Ali, should prepare for evacuation should the United States launch attacks on Iranian infrastructure.July 18th - Recently, the company has noticed that some GAC AIONS vehicles equipped with its batteries have experienced battery system failures under certain operating conditions. The company solemnly promises that owners of vehicles using Zhongchuang Innovation AION batteries who encounter battery system failures can directly visit the companys service outlets for free inspection, and enjoy free battery system repair and maintenance services according to the inspection results.On July 18th, it was learned from the Institute of Modern Physics, Chinese Academy of Sciences, that during the 2026 World Artificial Intelligence Conference and High-Level Meeting on Global Governance of Artificial Intelligence, Chinas pioneering AI-enabled accelerator-driven advanced nuclear energy system (AIforADANES) technology roadmap was launched globally, and its global innovation alliance was simultaneously unveiled. According to reports, this technology roadmap, by building an intelligent system based on a physical intrinsic world model, pioneers a new paradigm of "data + physical model + expert experience triple-driven," resolving the core contradiction between the "uncontrollable black box" nature of AI and the "zero tolerance for error" in the nuclear industry, filling the technological gap in the global implementation of advanced intelligent nuclear energy.On July 18th, at the 2026 World Artificial Intelligence Conference (WAIC), Turing Quantum released QAgent, a quantum-classical hybrid agent platform. This is the worlds first quantum-classical hybrid intelligent agent platform based on optical quantum technology and designed for industry-wide deployment. As a landmark achievement of the 2026 Pudong AI Conference, the platform opens up a channel for the industrial application of AI agents and optical quantum computing power. QAgent uses a large language model and intelligent agents as a unified scheduling entry point, relying on its self-developed optical quantum computing system. It deeply integrates a quantum-classical hybrid computing power foundation, the DeepQuantum quantum artificial intelligence programming framework, a full-scenario quantum algorithm library, and industry-specific tools and skills, achieving for the first time an end-to-end closed loop of "natural language input—intelligent task decomposition—quantum agent collaborative invocation—quantum computing power scheduling—result aggregation and output." This signifies that quantum computing is moving from cutting-edge computing power to industry capabilities, and from expert-driven research tools to agent-driven industrial services.

What impact does NFP have on the forex market?

LEO

Oct 25, 2021 13:27

Nonfarm payroll employment is a compiled name for goods, construction and manufacturing companies in the US. It does not include farm workers, private household employees, or non-profit organization employees.

It is an influential statistic and economic indicator released monthly by the United States Department of Labor as part of a comprehensive report on the state of the labor market.

The Bureau of Labor Statistics releases data on the first Friday of the month, at 8:30 a.m. Eastern Time. 

This data is analyzed closely because of its importance in identifying the rate of economic growth and inflation.

Nonfarm payroll is included in the monthly Employment Situation or informally the jobs report and affects the US dollar, the Foreign exchange market, the bond market, and the stock market.

The markets react very quickly and most of the time in a very volatile fashion around the time the NFP data is released. The short-term market moves indicate that there is a very strong correlation between the NFP data and the strength of the US dollar. Historical price movement data shows a small negative correlation between the NFP data and the US dollar Index.

The figure released is the change in nonfarm payrolls (NFP), compared to the previous month, and is usually between +10,000 and +250,000 during non-recessional times. The NFP number is meant to represent the number of jobs added or lost in the economy over the last month, not including jobs relating to the farming industry.

As with other indicators, the difference between the actual non-farm data and expected figures will determine the overall impact on the market. If the non-farm payroll is expanding, this is a good indication that the economy is growing, and vice versa. However, if increases in non-farm payroll occur at a fast rate, this may lead to an increase in inflation. In forex, the level of actual non-farm payroll compared to payroll estimates is taken very seriously. If the actual data comes in lower than economists' estimates, forex traders will usually sell U.S. dollars in anticipation of a weakening currency. The opposite is true when the data is higher than economists' expectations.

Suggestion