Many currency trading investors (FOREX) only trade at or around the time of the publication of the US Non-Payment Statement (NFP). They are attracted by the volatility of the currencies – especially the main US dollar pairs – that are emerging during this time. Investors who rely on this and other financial news events for their trading activities are called news dealers. Many others, though they may use other trading methods, are sure to include NFP in their trading calendars. Let's find out why so many marketers are interested in this report.
The NFP comes out once a month, usually on the first Friday at 8:30, New York time. Sometimes it will be on the second Friday of the month, not the first, but always at the same hour of the day. The US Department of Labor is responsible for compiling and publishing the report, which is kept confidential until the official release time arrives. The report contains data on unemployment in the non-agricultural sectors of the US economy. By the way, other industrialized countries publish some similarity to this type of reports. In simpler terms, if the figures published in the NFP represent a major revision of the forecasts made, the market reaction is likely to be quite pronounced.
The response of worldwide NFP marketers to buying and selling leads to an increase or decrease in the price of the US dollar. This usually happens when the report becomes public. Sometimes the spike appears early, ie. within a minute just before release at 8:30. Although rarer, it is also observed that the spike may occur within 15 or 20 minutes after the report is published.
Other regular financial statements may also drive currency prices, but are not as dramatic or dynamic as the NFP in their result. Over the last few years, the range of the NFP dollar price movement has typically been between 50 and 90 pips in one general direction. Re-tracking, i.e. moving back to the original price often provides additional trading opportunities. Many marketers experience returns ranging from 5 to 20 percent on this one report alone.
Why does NFP stand out in its ability to move the market? The NFP is published by the United States government as an official statement of what the US economy is doing. Based on the content of the report, the measurement of a country's health is considered in terms of its employment. Many scientists and traders view the employment situation in a country as a leading indicator of how things are economic with that country. If the employment situation is bleak, so should its overall economy. The weak economy invariably writes bad news about that particular country's currency.
One has to acknowledge and appreciate that the US dollar has always aroused great interest among merchants all over the world. Known for its liquidity, relative stability, and backed by the largest economy in the world (at least until China is ranked first, as expected in 2026), green currency is often accepted as a payment for goods and services worldwide. This is true even when it is not the official currency of a jurisdiction. It is one of the few relative currencies known as "hard currency" in the global financial sphere. He is always in the spotlight as a global player.
Recently, the US dollar has seen a trend of weakening compared to other currencies. Undoubtedly, global events, including US involvement in Iraq, Pakistan and Afghanistan, have contributed to the gloomy sentiment shared by some regarding the value of the dollar. On the other hand, some see this as a good opportunity for US corporations, large and small, to export goods and services to other countries. This can lead to a long-term recovery of the dollar.
Various strategies have been devised to take advantage of the trend in market prices to jump during the NFP news release. As might be expected, some strategies work better than others. More and more vendors and developers are developing and selling automated software to resellers who are interested in the fast-paced environment surrounding the launch of NFP. The price range of such software can range from several hundred to several thousand dollars. Of course, manual trading with NFP can still be successful, as many traders prove. Regardless of the method or strategy, many in the world of commerce will continue to pay attention to NFP and will use its release as one of the largest regular and recurring trading opportunities in the FOREX market.