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%.


    Nonfarm PayrollsHigh-140K50K
    Average Hourly Earnings (MoM)High0.8%0.3%
    Unemployment RateHigh6.7%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? 

    *The products advertised are only available to clients under Fondex Limited Seychelles (SDL No: SD037).


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