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Breaking News This evening at 6:00 PM IST, the U.S. Nonfar | Make money with Soumyo

Breaking News

This evening at 6:00 PM IST, the U.S. Nonfarm Payrolls and U.S. Unemployment Rate data will be released.

The U.S. Nonfarm Payrolls measures the change in the number of people employed during the previous month, excluding the farming industry. Job creation is the foremost indicator of consumer spending, which accounts for the majority of economic activity.

The Unemployment Rate measures the percentage of the total work force that is unemployed and actively seeking employment during the previous month.

Remember

A higher than expected reading should be taken as positive/bullish for the USD, while a lower-than-expected reading should be taken as negative/bearish for the USD

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