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The markets are awaiting the NFP report, which is the Non-Farm Payroll report in America, to be released today at 3:30 PM Saudi time.

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As a general rule, if the number is higher and the unemployment rate is lower than expected, the outcome is positive for the US dollar; otherwise, the impact is negative.

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Estimates indicate an increase in the unemployment rate to 4.2% and a decrease in the number of jobs by 106,000 new jobs compared to about 147,000 jobs in the previous period.

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As usual, this data is expected to significantly impact the movement of gold, currencies, and stocks, so please trade and manage risks carefully.