42. Why the NFP is so important and how it can be traded

The Non-farm Payroll (NFP) report is one of America’s most important economic announcements and affects everything from the Fed’s interest rate policy to the price of gold. In this episode we cover the importance of the NFP and how it can be traded.

For more information on trading the EUR/USD: https://fxscouts.com/currency_pair/eurusd/

For more information on the latest interest rate hike: https://fxscouts.com/fed-interest-hike-announcement-march-2023/ 

FxScouts DISCLAIMER:

75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. Any information discussed here is solely for educational and informational purposes and should not be considered tax, legal or investment advice.