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.
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
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