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US Non-Farm Payroll (NFP)
The US Non-Farm Payroll (NFP) report shows how many new jobs were added or lost in the US economy during the previous month, excluding farm workers, government employees, and a few other sectors. It is released once a month by the US Bureau of Labor Statistics.
NFP tells investors whether the US economy is heating up or cooling down, and that’s why you often see big moves in Bitcoin, altcoins, gold, and forex after the report.
Why NFP is important:
📊 It reflects the strength of the US economy
💵 Strong NFP = strong economy → USD strengthens
📉 Weak NFP = economic slowdown → USD weakens
🏦 It strongly influences Federal Reserve interest rate decisions.
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