#NFPWatch The Non-Farm Payroll (NFP) report is a crucial economic indicator that provides insights into the US job market, influencing financial markets and shaping monetary policy decisions. Here's what you need to know:
Upcoming NFP Dates
- July 5 is not an NFP release date; the next NFP report will likely be released on August 2, 2025, for the reference month of July 2025.
Market Expectations
- The market expects 111,000 new jobs to be added in the upcoming report, compared to the previous 147,000.
- Traders are closely watching NFP data to gauge potential policy moves by the Federal Reserve.
Impact on Markets
- A higher-than-expected NFP figure can strengthen the US dollar and boost stock markets, while a lower-than-expected figure can lead to a decline in the dollar and stock markets.
- The report can also influence gold prices, with strong job growth generally diminishing gold's appeal as a safe-haven asset.
Trading Strategies
- *Choose Your Bias*: Strong data → USD up, gold down; Weak data → USD down, gold/risk assets up.
- *Map Key Levels*: Use support/resistance on major currency pairs like EUR/USD, GBP/USD, USD/JPY.
- *Be Patient*: Wait for confirmation after the initial market reaction.
- *Protect Your Capital*: Use stops, reduce position size, and stay calm.¹