Non-farm payroll is a highly influential economic indicator that focuses on the state of the US labour market. Excluding farm workers, private household employees and those working for non-profit organisations, the figures reveal whether the US labour market has grown or shrunk in the previous month and by how many individual payrolls. The final figures are released on the first Friday of every month by the Bureau of Labour Statistics and are one of the highlights on the economic calendar for USD traders.
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The North American session is the last session of each trading day, opening between 12pm and 8am GMT. These hours change whenever daylight savings is observed.
Brokers who operate a No Dealing Desk model pass the trades they receive from their clients straight through to liquidity providers. They do not intervene in any way between the trader and the market.
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Leveraged trading in forex, derivatives, precious metals, CFDs or other off-exchange products on margin carries a high level of risk to your capital. You do not own, or have any rights to, the underlying assets. Trading is not suitable for everyone and may result in losses greater than your deposits. You should only trade with money you can afford to lose. Past performance is no guarantee of future performance and tax laws may be subject to change. 31FX is not a financial advisor and all services are provided on an execution only basis. Please consider our Risk Disclosure Statement and legal documentation to ensure that you fully understand the risks involved in light of your personal circumstances before you decide whether to acquire our services. We encourage you to seek independent advice if necessary. 31FX is a registered brand name of JRV Market Ltd with registered address, 3rd Floor J&C Building, PO BOX 362, Road Town, Tortola, BVI VG1110