#NFPCryptoImpact

📊 NFP: An Economic Indicator That Moves the Market 🌎

The NFP (Non-Farm Payroll), released monthly by the United States Department of Labor, is one of the most important indicators of the global economy. It measures the creation or loss of jobs outside the agricultural sector, in addition to monitoring the unemployment rate and changes in average hourly wages.

Why is it relevant?

The NFP reflects the health of the labor market in the US and directly influences consumption, the Federal Reserve's monetary policies, and financial assets such as the dollar, stocks, and commodities (such as gold).

Impact on the markets:

Higher-than-expected numbers generally strengthen the dollar, while lower numbers indicate economic weakness, generating volatility.

When to follow?

The NFP is released on the first Friday of the month, and is essential for traders and investors.