Cryptocurrency Q&A How does NFP affect the dollar?

How does NFP affect the dollar?

Chiara Chiara Tue Jul 23 2024 | 6 answers 1303
Could you please explain in detail how the Non-Farm Payrolls (NFP) report impacts the value of the US dollar? Are there specific factors within the report that drive market sentiment and cause the dollar to appreciate or depreciate? How does the market interpret the data, and what are some common reactions to both positive and negative NFP figures? Is there a historical trend in how the dollar reacts to the NFP report, and what should investors consider when making decisions based on this information? How does NFP affect the dollar?

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