The NFP Report - Today 12.30 GMT

02 April 2021

    It’s that special day of the month again!  The day NFP figures will be announced - Today, Friday, April 2nd at 12.30 GMT.

     

    The ADP report showed an addition of 517,000 jobs in March, which, although below the expected 550K, marks its biggest gain in the past six months, as a decline in COVID-19 cases allows for more US business reopenings and working hour expansions.

     

    Regarding the NFP figures, analysts expect employers to have added 647K jobs in March, up from 379K in February. The unemployment rate is expected to fall 0.2% from February to settle at 6%.

     

    ReportImpactPreviousConsensus
    Nonfarm PayrollsHigh379K647K
    Average Hourly Earnings (MoM)High0.2%0.2%
    Unemployment RateHigh6.2%6%

     

    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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