XT_Feb_NPF_AU

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Friday, February 2nd, 2019
Another NFP Report Is On Tap
Traders were surprised with an exceedingly better NFP report for December, resulting in 312,000 new jobs vs. the forecasted 178,000. This report was one of the most significant job increments since the Great Recession. Naturally, the USD climbed while Stocks fell.

The NFP is released by the Bureau of Labor Statistics on the first Friday of each month, revealing the number of people employed the previous month.

Market participants are usually excited in anticipation of this report to gauge the strength of the US economy, to evaluate and adjust their positions. A result exceeding the forecast number is bullish/positive for the USD, and vice-versa.
Plan Ahead Now!
USD/JPY BUY SELL
EUR/USD BUY SELL
GBP/USD BUY SELL
USD/CAD BUY SELL
USD/NOK BUY SELL
GOLD BUY SELL
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