| Currency Pair | Rate | Change |
|---|---|---|
| EUR/USD | 1.14165 | +0.15% |
| GBP/USD | 0.84609 | -0.08% |
| USD/JPY | 151.23 | +0.05% |
Understanding NFP Impact
The nonfarm payroll number is released on the first Friday of every month by the Bureau of Labor Statistics (BLS) as part of the Employment Situation Report. The report also includes the unemployment rate, average hourly earnings, and the number of people participating in the labor force.
For Nexanuity, the nonfarm payroll number can provide valuable insights into the overall health of the U.S. economy. A consistent increase in the nonfarm payroll number can indicate a strong economy and potentially lead to increased consumer spending and business investment.
Trading Features
Direct Market Access (DMA)
Leverage up to 1:500
T+0 settlement
Dividends paid in cash
Additional Benefits
Free from UK Stamp Duty
Trade without worrying about additional tax burdens.
Short selling available
Take advantage of both rising and falling markets.
Access to 1500 global shares
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