Nonfarm payrolls (NFP), also known as non-farm employment change, change in non-farm payrolls, or private nonfarm payrolls, is the king of the US fundamental indicators. It is also the most important US employment statistics indicator. NFP are released monthly (usually on the first Friday of the month) by the US Bureau of Labor Statistics. This report can produce extreme amounts of volatility in dollar-based currency pairs. Generally, a higher number of nonfarm payrolls is positive for the US dollar, while a lower number is bearish for the greenback. Do not confuse these reports with a much weaker series of initial jobless claims reports released once a week. The posts linked below contain all the nonfarm payrolls results for the past few years.
2020
- EUR/USD Unable to Hold Ground After US Unemployment Rate Falls More than Expected
- EUR/USD Rebound After Falling on Thursday
- EUR/USD Sinks After US NFP Beat Expectations
- EUR/USD Fails to Rally, Accelerates Decline After NFP
- EUR/USD Reverses Gains, Drops Sharply After Positive Surprise from US NFP
- EUR/USD Retreats After Historically Bad NFP
- Forecasting the Next Nonfarm Payrolls & Unemployment — Poll
- EUR/USD Weakens as Coronavirus Takes Its Toll on US Employment
- EUR/USD Rises Despite Extremely Good US NFP
- EUR/USD Sinks After NFP Exceeds Expectations
- EUR/USD Reverses Losses After NFP Misses Expectations
2019
- EUR/USD Sinks After Nonfarm Payrolls
- EUR/USD Dips After US NFP, Bounces Later
- EUR/USD Swings Back & Forth After US NFP
- EUR/USD Rallies on NFP Miss, Rally Capped by Wage Inflation
- EUR/USD Rallies After NFP Match Expectations
- EUR/USD Falls Sharply After NFP Beats Expectations
- EUR/USD Surges After Nonfarm Payrolls Provide Huge Disappointment
- EUR/USD Volatile After NFP, Decides to Go Higher After All
- EUR/USD Volatile After NFP, Ends Losing Gains
- EUR/USD Rallies After US NFP, Unable to Erase Thursday’s Losses
- EUR/USD Rallies, Keeps Gains After Mixed Nonfarm Payrolls
- EUR/USD Experienced Great Volatility on Upbeat US Data
2018
- EUR/USD Climbs After NFP, Reverses Gains by Session’s Close
- EUR/USD Trades Lower After NFP Surprise Positively
- EUR/USD Heads to Close Higher on Friday After NFP
- EUR/USD Slumps After Nonfarm Payrolls Beat Expectations
- EUR/USD Volatile After NFP, Stabilizes Above Opening Level
- EUR/USD Rallies on Soft NFP
- EUR/USD Rallies as Employment Data Exceeds Expectations
- EUR/USD Fails to Rally on Disappointing Nonfarm Payrolls
- EUR/USD Closes Higher After Disappointing NFP
- NFP Causes EUR/USD Confusion and Brief Rally
- EUR/USD Moves Down After NFP Rise Beyond Forecasts
- EUR/USD Fails to Stage Rally on Back of Weak NFP
2017
- EUR/USD Erases Losses After NFP Show Disappointing Wage Growth
- EUR/USD Unable to Rally on Back of Poor US NFP
- EUR/USD Drops After NFP Fall, Rebounds Later
- EUR/USD Quickly Reverses Gains Caused by Poor NFP
- NFP Surprise Positively, EUR/USD Edges Down
- EUR/USD Jumps on NFP, Reverses Gains Immediately
- Nonfarm Payrolls Miss Expectations, Reviving EUR/USD
- EUR/USD Rebounds After Decent Nonfarm Payrolls
- EUR/USD Fails to Keep Gains Despite Sluggish US Employment Growth
- How Can High Nonfarm Payrolls Hurt USD?
- EUR/USD Surges on Talks About Interest Rate Hike from ECB
- EUR/USD Edged Higher After Wage Inflation Misses Expectations
- Nonfarm Payrolls Cause Volatility, Push EUR/USD Down
2016
- EUR/USD Jumps Following NFP Release, Retreats Immediately
- EUR/USD Below Opening After NFP
- EUR/USD Rallies on Back of Worse-Than-Expected Nonfarm Payrolls
- Will FOMC Raise Interest Rate in September 2016?
- EUR/USD Fails to Sustain Rally
- Good Nonfarm Payrolls Push EUR/USD Down
- EUR/USD Stays Not Far from Opening After Nonfarm Payrolls
- What to Expect from FOMC June 2016 Meeting?
- EUR/USD Up 1.6% After NFP Shock Market
- EUR/USD Ends Trading Flat After Surge on NFP
- EUR/USD Sinks After Release of Nonfarm Payrolls
- EUR/USD Dips After NFP But Only for Short While
- A Hike, a Halt, or a Cut? FOMC March 2016 Meeting
- Poor NFP Don’t Prevent EUR/USD from Falling
- EUR/USD Ends Friday Lower After NFP
2015
- What Will Fed Decide on December 16? Poll
- EUR/USD Flat After Nonfarm Payrolls
- EUR/USD Slumps as NFP Surprises with Stellar Reading
- Abysmal Nonfarm Payrolls Spark Rally of EUR/USD
- Dollar Holds onto Gains as NFP Disappoint
- EUR/USD Grows After Volatility Caused by Employment Report
- EUR/USD Bounces After Two-Day Decline
- Euro Tumbles vs. Dollar After Nonfarm Payrolls
- Worrying Nonfarm Payrolls Report Wreaks Havoc in EUR/USD
- Dollar Receives Hit from Nonfarm Payrolls
- EUR/USD at Lowest Level in Decade After NFP
- Nonfarm Payrolls Drag EUR/USD Down
- EUR/USD Reverses Decline Despite Amazing Nonfarm Payrolls
2014
- Dollar Rallies After Huge NFP Figure
- EUR/USD Rebounds as NFP Miss Forecasts
- NFP Exceeds Expectations, EUR/USD Slumps to New Low
- NFP Provide Nasty Surprise, EUR/USD Recovers
- NFP Disappoint, EUR/USD Surges Erasing Weekly Losses
- EUR/USD Sinks After Stellar US Nonfarm Payrolls
- NFP Grow Beyond Expectations, EUR/USD Sinks
- EUR/USD Slowly Rises Today
- EUR/USD Holds Ground After NFP
- EUR/USD Ends Week with Gains
- Surprise Employment Report Pushes EUR/USD Straight Up
2013
- NFP Surprises Positively, EUR/USD Reaction Surprises Too
- Another Surprise: Nonfarm Payrolls Surges
- NFP Disappoint, EUR/USD at Highest Since November 2011
- EUR/USD Surges on Poor US Nonfarm Payrolls
- Nonfarm Payrolls Smaller than Expected, EUR/USD Climbs
- EUR/USD Sinks After US Nonfarm Payrolls
- EUR/USD Drops After Mixed US Employment Data
- EUR/USD Drops on US Payrolls, Recovers
- EUR/USD Climbs on Meager Nonfarm Payrolls Growth
- EUR/USD Pares Gains on US Jobs Data
- Positive US Data Propels EUR/USD to Highest Since 2011
- EUR/USD Stops Decline After FOMC Minutes
2012
- EUR/USD Drops on Growth Forecast, Trims Losses on US Payrolls
- EUR/USD Sinks as US Labor Market Looks Far Better than European
- EUR/USD Surges on US Payrolls, Loses Gains
- EUR/USD Surges on US Nonfarm Payrolls
- EUR/USD Soars as US Payrolls Show Robust Employment Growth
- EUR/USD Drops for Third Day on US Nonfarm Payrolls
- EUR/USD Bounces from 22-Month Low
- EUR/USD Erases Losses as US Nonfarm Payrolls Below Forecast
- EUR/USD Rises for First Day in Five as Nonfarm Payrolls Disappoint Traders
- EUR/USD Drops on Better-Than-Expected Nonfarm Payrolls
- EUR/USD Drops Sharply as US Employers Add More Jobs Than Anticipated
- Nonfarm Payrolls Grow & Unemployment Declines, EUR/USD Down
2011
- EUR/USD Weakens After US Unemployment Rate Drops, Still Above Opening
- US Payrolls Show Slower Employment Growth, EUR/USD Down
- EUR/USD Erases Gains as Fitch Cuts Italy & Spain Ratings
- EUR/USD Advances as US Employment Growth Stalls
- EUR/USD Up on Positive Employment Situation, Disregards Credit Data
- EUR/USD Falls Even After Bad US Payrolls
- EUR/USD Surges on Terrible US Nonfarm Payrolls
- EUR/USD Loses Ground as Payrolls Provide Pleasant Surprise
- EUR/USD Falls on Payrolls, Recovers on Construction Spending
- Euro Advances vs. Dollar in Spite of Good US Nonfarm Payrolls
- EUR/USD Falls as US Unemployment Rate Drops
- EUR/USD Drops Further Despite Poor Employment Reports
2010
- EUR/USD Rallies for Third Day on Poor US Nonfarm Payrolls
- Europe’s Economy Performs Worse than US — EUR/USD Drops
- Dollar Falls vs. Euro on US Nonfarm Payrolls
- EUR/USD Rises Despite Favorable Nonfarm Payrolls Report
- Dollar Tumbles on Poor Employment Data
- EUR/USD Extends Gains on Low Nonfarm Payrolls & Factory Orders
- Euro Rises Against Dollar for Second Day
- Euro Strengthens vs. Dollar as European Crisis May Be Resolved
- EUR/USD Goes Up Before Some Good U.S. Reports
- U.S. Positive Data Helps Dollar
- Dollar Falls Despite Positive ISM
- Dollar Continues Strong as Unemployment Falls
- EUR/USD Climbs as U.S. Employment Figures Frustrate Analysis
2009
- Ultra-Surprise in Nonfarm Payrolls Pushes EUR/USD Down
- U.S. Unemployment Above 10% — EUR/USD Down
- EUR/USD Jumps Up on Deteriorating Economic Conditions
- EUR/USD Forms Doji This Week
- EUR/USD Drops on Payrolls Data
- Dollar Rises as Nonfarm Payrolls Drop Fast
- Dollar Gains on Unexpected Employment Data
- EUR/USD Rallies to Monthly High after Nonfarm Payrolls
- EUR/USD Falls Deeper to Nonfarm Payrolls Decline
- EUR/USD Rallies after Nonfarm Payrolls Report
- EUR/USD Falls as Poor Non-Farm Payrolls Report Suggests Recession is Strong
2008
- Nonfarm Payrolls Fall Sharply, Dollar Little Changed
- Nonfarm Employment Down, Supports EUR/USD
- Dollar Shows 5th Day of Gain Despite Employment Drop
- Dollar Strengthens Despite Continued Decline in Employment
- Early Nonfarm Payrolls Help Dollar Despite Bad Data
- Dollar Deeps Further on Uneployment Rapid Growth
- EUR/USD at Monthly Low on Nonfarm Payrolls
- Dollar Volatile after Employment Situation Worsens
- Nonfarm Payrolls Depress Dollar
- Falling Nonfarm Payrolls Fail to Support EUR/USD
- EUR/USD Soars on Disastrous Employment Data