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Last Friday Feb 2, 2024 was NFP(Non-farm Payrolls). This is a special first Friday monthly that United States Department...
04/02/2024

Last Friday Feb 2, 2024 was NFP(Non-farm Payrolls). This is a special first Friday monthly that United States Department of Labour usually release news on how hopeful or worrisome is the US-Based employments. This will ultimately affect the behaviour of the forex market going forward. This week already the market will ally with what played out last Friday. Every currency pair is always affected during NFP. It's not the Us Dollar only that is affected. One of the reason is that US Dollar is world's reserve currency just like what the Gold Metal has been for years.

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