Account
New to ADSS? Open an
account now to get started.
Already have an account?
Add funds to your ADSS account
Account
New to ADSS? Open an
account now to get started.
Add funds to your ADSS account
Discover everything you need to know about this important US data release with our interactive widget below.
The monthly Nonfarm Payrolls report, released by the US Bureau of Labor Statistics, reveals the number of new jobs created during the previous month in all non-agricultural businesses. The changes in payrolls can be extremely volatile due to their high relation with economic policy decisions made by the Federal Reserve.
Nonfarm Payrolls (NFP) are a significant economic indicator in the United States, reflecting the total number of paid U.S. workers of any business, excluding the following employees: government employees, private household employees, employees of nonprofit organizations, and farm employees.
The monthly changes in payroll data can have substantial short-term impacts on the forex markets, particularly the value of the U.S. dollar relative to other currencies, such as the EURUSD pair, and actual values beating the consensus tend to be bullish for USD.
If we look at the historical forecast and actual values for the Nonfarm Payrolls and compare them with the actual movement of EURUSD in the next hour, we can see that in the vast majority of cases the currency pair behaved according to the above expectations.
ADSS
8th floor, CI Tower
Corniche Road
PO Box 93894
Abu Dhabi
United Arab Emirates
Trading Services
ts@adss.com
+971 2 657 2414
Investing in CFDs involves a high degree of risk that you will lose your money due to the use of leverage, particularly in fast moving markets, where a relatively small movement in the price can lead to a proportionately larger movement in the value of your investment. This can result in loses that exceed the funds in your account. You should consider whether you understand how CFDs work and you should seek independent advice if necessary.
ADS Securities LLC – S.P.C (“ADSS”) is authorised and regulated by the Securities and Commodities Authority (“SCA”) in the United Arab Emirates under First Category: Dealing in Securities and Fifth category: Arrangement and advice (Introduction). ADSS is a Limited Liability Company – Sole Proprietorship Company incorporated under United Arab Emirates law. The company is registered with the Department of Economic Development of Abu Dhabi (No. 1190047) and has its principal place of business at 8th Floor, CI Tower, Corniche Road, P.O. Box 93894, Abu Dhabi, United Arab Emirates.
The information presented is not directed at residents of any particular country outside the United Arab Emirates and is not intended for distribution to, or use by, any person in any country where the distribution or use is contrary to local law or regulation.
ADSS is an execution only service provider and does not provide advice. ADSS may publish general market commentary from time to time. Where it does, the material published does not constitute advice, or a solicitation, or a recommendation to a transaction in any financial instrument. ADSS accepts no responsibility for any use of the content presented and any consequences of that use. No representation or warranty is given as to the completeness of this information. Anyone acting on the information provided does so at their own risk.
