Definition of NFP (Non-Farm Payrolls)
A key US economic report released on the first Friday of each month, showing the number of jobs added or lost in the economy (excluding the farming sector). NFP releases typically cause significant volatility in USD pairs.
At a glance
Example
Apply the definition: restate “NFP (Non-Farm Payrolls)” in one sentence tied to your next trade (symbol, direction, size, stop). If you cannot, re-read the definition above.
Common mistake
Common mistake: using “NFP (Non-Farm Payrolls)” as loose slang while your broker/platform specification defines it more narrowly.
Professional tip
Tip: bookmark this “NFP (Non-Farm Payrolls)” page and reopen it when reading broker specs so definitions stay consistent.