NFP (Non-Farm Payroll) data is being released today, July 3, 2025, and here's what you need to know¹:

- *Release Time:* 12:30 GMT (Greenwich Mean Time)

- *Consensus Expectation:* 110,000 new jobs, down from 139,000 in May

- *Unemployment Rate:* Expected to rise to 4.3% from 4.2% in May

The NFP report could significantly impact the US Dollar's performance, influencing expectations for the Federal Reserve's next rate cut. Market analysts anticipate a cooling labor market, which might support US equities and Treasuries.²

Some key points to watch³:

- *Job Market Trend:* The labor market has shown a persistent downward trend since March 2025, with job gains steadily decreasing.

- *Jobless Claims:* Rising jobless claims indicate ongoing softness in the US labor market.

- *Rate Cut Expectations:* The NFP report may reveal early signs of Trump's tariff policies impacting labor markets, potentially boosting expectations for a July rate cut.

Keep an eye on reputable financial news sources like TradingKey and FXStreet for updates and analysis.⁴