NFP refers to U.S. non-agricultural employment population data. Non-agricultural data generally includes previous values, market forecasts, and actual published values. If the actual published value is greater than the market forecast and previous values, it indicates that the employment situation is improving, which is good for the dollar and negative. Precious metals; on the contrary, if the actual published value is less than the expected value and the previous value, it indicates that the employment situation in the United States is not ideal, which is negative for the US dollar and good for precious metals. If the data is better than the previous value but lower than expected, it is necessary to judge with the unemployment rate. In this case, it is best to wait and see after the data is released, and then follow the trend after the direction is determined.
NFP mainly including the three values of non-agricultural employment, employment rate and unemployment rate, are generally announced at 20:30 (daylight saving time) and 21:30 (wintertime) on Friday evening of the first week of each month. In layman's terms, it reflects the employment rate of people working in cities, thus showing the economic situation of the United States. The non-agricultural data is good and the employment population is large, and the US economy is in a healthy upswing state, while the data is bad and the opposite is true. After the non-agricultural data is released, the data is good, then this will cause the US dollar to rise, and gold and silver are inversely proportional to the US dollar.