The NFP Report - Today 13.30 GMT

05 March 2021

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

     

    The ADP report showed an addition of 117,000 jobs in February, its lowest since last summer and almost halfway below last month’s figure.

     

    Regarding the NFP figures, analysts expect employers to have added 182K jobs in January, up from 49K in January. The unemployment rate is expected to have stayed unchanged at 6.3%.

     

    ReportImpactPreviousConsensus
    Nonfarm PayrollsHigh49K182K
    Average Hourly Earnings (MoM)High0.2%0.2%
    Unemployment RateHigh6.3%6.3%

     

    *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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