// TRADING TERMINOLOGY
What is NFP (Non-Farm Payroll)?
A key economic indicator for the US economy, representing the number of jobs added or lost in the previous month, excluding the farming industry.
In-Depth Explanation
Released on the first Friday of every month. It is one of the most closely watched reports in the world and almost always causes significant volatility in the US Dollar and global stock indices.
Practical Example
"The NFP report came in much higher than expected, causing a 100-pip spike in the USD/JPY pair."
Related Terms
Master the language of risk
Knowing the terms is just the start. Learning how to apply them is where the edge is found.
Join Drawdown Free