The NFP Report - Today 13.30 GMT

05 February 2021

It’s that special day of the month again! The day NFP figures will be announced - Today, Friday, February 5th at 13.30 GMT.

The ADP report showed an addition of 147,000 jobs in January, way ahead of the 50,000 Dow Jones estimate and a great improvement from December’s 78,000 decline.

Regarding the NFP figures, analysts expect employers to have added 50K jobs in January, up from -140K in December. The unemployment rate is expected to have stayed unchanged at 6.7%.

Report	Impact	Previous	Consensus
Nonfarm Payrolls	High	-140K	50K
Average Hourly Earnings (MoM)	High	0.8%	0.3%
Unemployment Rate	High	6.7%	6.7%

*Information source: FX Street

**Past performance of CFDs is not a reliable indicator of future results.

What's your take on the impact of the NFP and hourly earnings report on the USD crosses?

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