#NFPWatch The US Non-Farm Payrolls (NFP) report for June 2025 is expected to show a moderate increase in job growth, with economists forecasting a rise of 110,000 to 125,000 jobs. This represents a slowdown from the 139,000 jobs added in May. The unemployment rate is likely to tick higher to 4.3% from 4.2% in May.

*Key Highlights:*

- *Job Growth:* NFP is expected to rise by 110,000 to 125,000 jobs in June, indicating a subdued hiring environment in the US labor market.

- *Unemployment Rate:* The unemployment rate is forecasted to increase to 4.3%, up from 4.2% in May.

- *Economic Impact:* The NFP report will be closely scrutinized to gauge the timing of the US Federal Reserve's next interest rate cut and the direction of the US Dollar.

- *Market Reaction:* The report could significantly impact the US Dollar's performance, with potential implications for financial markets ¹ ².

*Market Expectations:*

- Economists expect the NFP report to reveal signs of a cooling labor market, which could further boost expectations for a July rate cut by the Federal Reserve.

- The US Dollar trades close to three-and-a-half-year lows against its major peers, making the NFP report a crucial indicator for market direction ³ ¹.