Glossary · Fundamentals & economics

Non-farm payrolls (NFP)

Also called: payrolls

The monthly US jobs report, usually released on the first Friday of the month at 08:30 New York time. It is one of the most market-moving data releases.

In practice

NFP is released at 08:30 New York time, usually on the first Friday of the month. EUR/USD can move 50 pips or more in minutes if the number surprises.

Common mistake

Holding tight stops into the release. Spreads widen and slippage is common in the first minute.

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