Wednesday, 18 November 2015

At posting this article I will try to discuss the news of the Non Farm Employment Change, or formerly known as the Non-Farm Payrolls

At posting this article I will try to discuss the news of the Non Farm Employment Change, or formerly known as the Non-Farm Payrolls, we begin:Non-Farm Employment Change was released by the Bureau of Labor Statistics United States (USA), discussed why this time only the Non Farm Employment Change on the United States alone? The answer is simple: because of data Non-Farm Employment Change of this superpower has a big effect or influence on the change of price movements in the Forex market world.Data Non-Farm Employment Change was announced one month, every first week on Friday at 19.30 pm while the Non Farm Employment Change itself has meaning Changes in the number of employed people during the previous month, excluding the farming industry, in other words this data shows the number of new workers from non-agricultural sectors both working full-time or part-time work, it can be the general picture of what it sich Non Farm Employment Change (NFP)
Now I will explain why this NFP news traders awaited so many traders around the world? as already explained above NFP data itself related to the amount of labor so the general idea is the creation of jobs is the main indicator that is very important to measure consumer spending which affects the majority of economic activity as a whole so the NFP data reflects the condition of commercial and industrial sectors of the Americas itself, so the higher the value, the higher rate of economic growth of the country Superpower, so in other words if the NFP is greater than that predicted his usual right then it is good for the USD.
I think so first for this discussion, I hope my article this time can add insight and gentlemen friends, the next I will try to discuss other important fundamental.

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