{"id":13331,"date":"2026-08-18T10:25:31","date_gmt":"2026-08-18T10:25:31","guid":{"rendered":"https:\/\/backcom.io\/?p=13331"},"modified":"2026-08-18T10:27:51","modified_gmt":"2026-08-18T10:27:51","slug":"how-nonfarm-news-affects-gold-forex-bitcoin","status":"publish","type":"post","link":"https:\/\/backcom.io\/en\/how-nonfarm-news-affects-gold-forex-bitcoin","title":{"rendered":"How Nonfarm News Affects Gold, Forex and Bitcoin"},"content":{"rendered":"\n\n<div class=\"kk-star-ratings kksr-auto kksr-align-left kksr-valign-top\"\n    data-payload='{&quot;align&quot;:&quot;left&quot;,&quot;id&quot;:&quot;13331&quot;,&quot;slug&quot;:&quot;default&quot;,&quot;valign&quot;:&quot;top&quot;,&quot;ignore&quot;:&quot;&quot;,&quot;reference&quot;:&quot;auto&quot;,&quot;class&quot;:&quot;&quot;,&quot;count&quot;:&quot;0&quot;,&quot;legendonly&quot;:&quot;&quot;,&quot;readonly&quot;:&quot;&quot;,&quot;score&quot;:&quot;0&quot;,&quot;starsonly&quot;:&quot;&quot;,&quot;best&quot;:&quot;5&quot;,&quot;gap&quot;:&quot;5&quot;,&quot;greet&quot;:&quot;Rate this post&quot;,&quot;legend&quot;:&quot;0\\\/5 - (0 votes)&quot;,&quot;size&quot;:&quot;24&quot;,&quot;title&quot;:&quot;How Nonfarm News Affects Gold, Forex and Bitcoin&quot;,&quot;width&quot;:&quot;0&quot;,&quot;_legend&quot;:&quot;{score}\\\/{best} - ({count} {votes})&quot;,&quot;font_factor&quot;:&quot;1.25&quot;}'>\n            \n<div class=\"kksr-stars\">\n    \n<div class=\"kksr-stars-inactive\">\n            <div class=\"kksr-star\" data-star=\"1\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"2\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"3\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"4\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" data-star=\"5\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n    <\/div>\n    \n<div class=\"kksr-stars-active\" style=\"width: 0px;\">\n            <div class=\"kksr-star\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n            <div class=\"kksr-star\" style=\"padding-right: 5px\">\n            \n\n<div class=\"kksr-icon\" style=\"width: 24px; height: 24px;\"><\/div>\n        <\/div>\n    <\/div>\n<\/div>\n                \n\n<div class=\"kksr-legend\" style=\"font-size: 19.2px;\">\n            <span class=\"kksr-muted\">Rate this post<\/span>\n    <\/div>\n    <\/div>\n\n<p class=\"wp-block-paragraph\">The <strong>Nonfarm news<\/strong> is one of the US economic releases that forex, gold and Bitcoin traders watch most closely each month. A single large gap between the <strong>Actual and the Forecast<\/strong> is enough to send the USD, bond yields, XAU\/USD and risk assets moving hard in a very short space of time.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Reading the <strong>Nonfarm news<\/strong>, however, is not as simple as:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"backcom-note-block wp-block-paragraph\">High NFP = the USD rises, low NFP = the USD falls.<\/p>\n<\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\">You also have to combine the unemployment rate, wage growth, the labour force participation rate and \u2014 above all \u2014 the revisions to the previous months&#8217; data.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If <strong>Nonfarm<\/strong> itself is still unfamiliar, read <a href=\"https:\/\/backcom.io\/en\/what-is-nonfarm-payrolls-how-to-read-nfp\" data-type=\"link\" data-id=\"https:\/\/backcom.io\/en\/what-is-nonfarm-payrolls-how-to-read-nfp\">What Is Nonfarm Payrolls? How to Read the US NFP Report<\/a> first.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What Is Nonfarm? How the NFP Release Is Built<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">A Definition of Nonfarm (NFP) and Who Publishes It<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Nonfarm Payrolls (NFP)<\/strong> measures the change in the number of paid jobs in the <strong>US non-agricultural sector<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The data is published monthly by the <strong>U.S. Bureau of Labor Statistics (BLS)<\/strong> in the <strong>Employment Situation<\/strong> report.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">NFP gives the market a quick read on:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The health of the US labour market.<\/li>\n\n\n\n<li>The trend in economic growth.<\/li>\n\n\n\n<li>Expectations for the Fed&#8217;s interest-rate policy.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">That is why the <strong>Nonfarm news<\/strong> usually hits the USD, gold and the forex market hard.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">You can find the official data at <a href=\"https:\/\/www.bls.gov\/news.release\/empsit.htm\" target=\"_blank\" rel=\"noopener\">Bureau of Labor Statistics \u2013 Employment Situation<\/a>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Inside the Nonfarm Release: Establishment Survey vs Household Survey<\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/backcom.io\/wp-content\/uploads\/2026\/08\/structure-of-the-nonfarm-report-1024x576.png\" alt=\"How the Nonfarm release is built: the Establishment Survey and the Household Survey\" class=\"wp-image-13334\" srcset=\"https:\/\/backcom.io\/wp-content\/uploads\/2026\/08\/structure-of-the-nonfarm-report-1024x576.png 1024w, https:\/\/backcom.io\/wp-content\/uploads\/2026\/08\/structure-of-the-nonfarm-report-300x169.png 300w, https:\/\/backcom.io\/wp-content\/uploads\/2026\/08\/structure-of-the-nonfarm-report-768x432.png 768w, https:\/\/backcom.io\/wp-content\/uploads\/2026\/08\/structure-of-the-nonfarm-report-1536x864.png 1536w, https:\/\/backcom.io\/wp-content\/uploads\/2026\/08\/structure-of-the-nonfarm-report.png 1672w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">How the Nonfarm release is built<\/figcaption><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">Why the Nonfarm News Moves Markets More Than Anything Else<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The Nonfarm news feeds directly into expectations for the Fed&#8217;s monetary policy.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The chain of effects usually runs:<\/p>\n\n\n\n<p class=\"backcom-note-block wp-block-paragraph\"><strong>Nonfarm \u2192 Fed expectations \u2192 bond yields \u2192 the USD \u2192 gold, forex and Bitcoin<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>NFP stronger than forecast:<\/strong> usually supports the USD and yields.<\/li>\n\n\n\n<li><strong>NFP weaker than forecast:<\/strong> can put pressure on the USD and support gold.<\/li>\n\n\n\n<li><strong>Conflicting data:<\/strong> the market tends to swing violently in both directions.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">So don&#8217;t look at the headline NFP number alone. Read it with the <strong>unemployment rate, wages and the revisions to the previous months<\/strong>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">The 2026 Nonfarm Release Calendar<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Nonfarm (NFP)<\/strong> is published monthly by the BLS, normally at <strong>08:30 US Eastern Time (ET)<\/strong>. NFP usually falls early in the month, but it is <strong>not always the first Friday<\/strong>, because the schedule can shift with public holidays or with the BLS&#8217;s own release calendar.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">The 12 Nonfarm Release Dates in 2026<\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Reference month<\/th><th>Release date<\/th><th>UTC<\/th><\/tr><\/thead><tbody><tr><td>December 2025<\/td><td>9 January 2026<\/td><td>13:30<\/td><\/tr><tr><td>January 2026<\/td><td>11 February 2026<\/td><td>13:30<\/td><\/tr><tr><td>February 2026<\/td><td>6 March 2026<\/td><td>13:30<\/td><\/tr><tr><td>March 2026<\/td><td>3 April 2026<\/td><td>12:30<\/td><\/tr><tr><td>April 2026<\/td><td>8 May 2026<\/td><td>12:30<\/td><\/tr><tr><td>May 2026<\/td><td>5 June 2026<\/td><td>12:30<\/td><\/tr><tr><td>June 2026<\/td><td>2 July 2026<\/td><td>12:30<\/td><\/tr><tr><td>July 2026<\/td><td>7 August 2026<\/td><td>12:30<\/td><\/tr><tr><td>August 2026<\/td><td>4 September 2026<\/td><td>12:30<\/td><\/tr><tr><td>September 2026<\/td><td>2 October 2026<\/td><td>12:30<\/td><\/tr><tr><td>October 2026<\/td><td>6 November 2026<\/td><td>13:30<\/td><\/tr><tr><td>November 2026<\/td><td>4 December 2026<\/td><td>13:30<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"backcom-note-block wp-block-paragraph\"><strong>Note:<\/strong> the BLS can adjust its release calendar. Check the <a href=\"https:\/\/www.bls.gov\/schedule\/news_release\/empsit.htm\" target=\"_blank\" rel=\"noopener\">official BLS Employment Situation schedule<\/a> before each release.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Nonfarm Release Time in Vietnam, and the Exceptions<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Because the US observes <strong>Daylight Saving Time<\/strong>, the NFP release time in Vietnam is usually:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>19:30:<\/strong> while the US is on summer time.<\/li>\n\n\n\n<li><strong>20:30:<\/strong> while the US is on winter time.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Check the BLS calendar before each release rather than assuming NFP always lands on the same day or at the same hour. In 2026 there are exceptions such as <strong>11 February<\/strong> and <strong>2 July<\/strong>.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"backcom-note-block wp-block-paragraph\"><strong>Tip:<\/strong> set an alert 30\u201360 minutes before NFP so you can check the Forecast and Previous and prepare your trading scenarios.<\/p>\n<\/blockquote>\n\n\n\n<h2 class=\"wp-block-heading\">How to Read the Nonfarm News: 5 Key Figures<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">When the <strong>Nonfarm news<\/strong> lands, don&#8217;t look only at the headline NFP number. To judge the health of the US labour market accurately, combine these five figures:<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/backcom.io\/wp-content\/uploads\/2026\/08\/structure-of-employment-situation-report-1024x576.png\" alt=\"The 5 key figures in the Employment Situation report behind the Nonfarm news\" class=\"wp-image-13309\" srcset=\"https:\/\/backcom.io\/wp-content\/uploads\/2026\/08\/structure-of-employment-situation-report-1024x576.png 1024w, https:\/\/backcom.io\/wp-content\/uploads\/2026\/08\/structure-of-employment-situation-report-300x169.png 300w, https:\/\/backcom.io\/wp-content\/uploads\/2026\/08\/structure-of-employment-situation-report-768x432.png 768w, https:\/\/backcom.io\/wp-content\/uploads\/2026\/08\/structure-of-employment-situation-report-1536x864.png 1536w, https:\/\/backcom.io\/wp-content\/uploads\/2026\/08\/structure-of-employment-situation-report.png 1672w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">The five key figures in the Employment Situation report<\/figcaption><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">Figure 1: Headline Nonfarm Payrolls<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">This is the number of non-farm jobs added or lost during the month.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Compare:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Actual:<\/strong> the real figure.<\/li>\n\n\n\n<li><strong>Forecast:<\/strong> the expectation.<\/li>\n\n\n\n<li><strong>Previous:<\/strong> the prior period.<\/li>\n\n\n\n<li><strong>Revision:<\/strong> whether the prior period&#8217;s figure has been adjusted.<\/li>\n<\/ul>\n\n\n\n<p class=\"backcom-note-block wp-block-paragraph\"><strong>The further the Actual sits from the Forecast, the sharper the market reaction usually is.<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Figure 2: Unemployment Rate<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The <strong>unemployment rate<\/strong> shows the share of people without a job who are still looking for one.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Unemployment falling \u2192 the labour market is usually positive.<\/li>\n\n\n\n<li>Unemployment rising \u2192 can indicate the labour market is weakening.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Read it alongside NFP to avoid a misleading signal.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Figure 3: Average Hourly Earnings<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">This is the <strong>growth in average hourly wages<\/strong>, normally tracked MoM and YoY.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Sharply rising wages can add to inflationary pressure, which in turn affects expectations for Fed rates.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Figure 4: Labor Force Participation Rate<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">This figure measures the share of working-age people who are:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>In employment; or<\/li>\n\n\n\n<li>Actively looking for work.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">The participation rate helps you tell whether a falling unemployment rate reflects a genuinely healthier labour market or simply more people leaving the labour force.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Figure 5: U-6 Underemployment Rate<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>U-6<\/strong> is a broader measure of unemployment, which also covers:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The unemployed.<\/li>\n\n\n\n<li>People who want work but are not actively searching.<\/li>\n\n\n\n<li>People working part-time who would prefer full-time work.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">U-6 lets you judge the quality of the labour market more deeply than the headline unemployment rate does.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\"><strong>In short:<\/strong> when reading Nonfarm, prioritise <strong>NFP + the Unemployment Rate + Average Hourly Earnings<\/strong>, then use the Participation Rate and U-6 to confirm the overall labour picture.<\/p>\n<\/blockquote>\n\n\n\n<h2 class=\"wp-block-heading\">How Does Nonfarm Affect Gold?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The <strong>Nonfarm news<\/strong> can move the gold price sharply, because NFP feeds directly into Fed rate expectations, US bond yields and the strength of the USD.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">The Transmission Chain: Nonfarm \u2192 USD \u2192 Real Yields \u2192 Gold<\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/backcom.io\/wp-content\/uploads\/2026\/08\/nonfarm-usd-real-yields-gold-chain-1024x576.png\" alt=\"The transmission chain from Nonfarm to the USD, real yields and the gold price\" class=\"wp-image-13336\" srcset=\"https:\/\/backcom.io\/wp-content\/uploads\/2026\/08\/nonfarm-usd-real-yields-gold-chain-1024x576.png 1024w, https:\/\/backcom.io\/wp-content\/uploads\/2026\/08\/nonfarm-usd-real-yields-gold-chain-300x169.png 300w, https:\/\/backcom.io\/wp-content\/uploads\/2026\/08\/nonfarm-usd-real-yields-gold-chain-768x432.png 768w, https:\/\/backcom.io\/wp-content\/uploads\/2026\/08\/nonfarm-usd-real-yields-gold-chain-1536x864.png 1536w, https:\/\/backcom.io\/wp-content\/uploads\/2026\/08\/nonfarm-usd-real-yields-gold-chain.png 1672w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">The transmission chain<\/figcaption><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">The short version:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Strong NFP \u2192 stronger USD \u2192 gold tends to fall<\/strong><br><strong>Weak NFP \u2192 weaker USD \u2192 gold tends to rise<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">How Gold Reacts When NFP Beats or Misses<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Combine NFP with the <strong>unemployment rate and wages<\/strong>:<\/p>\n\n\n\n<ol start=\"1\" class=\"wp-block-list\">\n<li><strong>Strong NFP + falling unemployment + rising wages<\/strong><br>\u2192 a strong labour signal \u2192 gold usually comes under pressure.<\/li>\n\n\n\n<li><strong>Weak NFP + rising unemployment + slowing wages<\/strong><br>\u2192 a weak labour signal \u2192 gold usually finds support.<\/li>\n\n\n\n<li><strong>Conflicting data<\/strong><br>\u2192 gold tends to whipsaw in both directions before a clearer trend emerges.<\/li>\n<\/ol>\n\n\n\n<h3 class=\"wp-block-heading\">How Traders Actually Trade Gold on the Nonfarm News<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Rather than entering the moment the data lands, you can:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Wait for the <strong>Actual<\/strong> and compare it with the Forecast.<\/li>\n\n\n\n<li>Check the Unemployment Rate and Average Hourly Earnings as well.<\/li>\n\n\n\n<li>Watch how the <strong>DXY and US bond yields<\/strong> react.<\/li>\n\n\n\n<li>Let the first spike finish before you look for an entry.<\/li>\n\n\n\n<li>Always set a Stop-Loss, because spread and slippage can rise sharply.<\/li>\n<\/ul>\n\n\n\n<blockquote class=\"wp-block-quote is-style-default is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"backcom-note-block wp-block-paragraph\"><strong>Note:<\/strong> NFP does not create a fixed rule that &#8220;strong means gold falls, weak means gold rises&#8221;. The real reaction also depends on Fed expectations and on how much of the data the market had already priced in.<\/p>\n<\/blockquote>\n\n\n\n<h2 class=\"wp-block-heading\">How Does Nonfarm Affect Forex?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The <strong>Nonfarm news<\/strong> usually sends the forex market moving hard, because US employment data feeds directly into <strong>Fed rate expectations and the strength of the USD<\/strong>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">The Transmission Chain: Nonfarm \u2192 Expected Fed Rates \u2192 DXY \u2192 the Majors<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">As a general rule:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>NFP stronger than forecast<\/strong> \u2192 the Fed may hold policy tight for longer \u2192 the USD is supported.<\/li>\n\n\n\n<li><strong>NFP weaker than forecast<\/strong> \u2192 expectations of Fed easing build \u2192 the USD can weaken.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">When the USD is strong:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>EUR\/USD and GBP\/USD<\/strong> usually come under downward pressure.<\/li>\n\n\n\n<li><strong>USD\/JPY and USD\/CHF<\/strong> usually find support.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">When the USD weakens, those pairs can react the other way.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For more on how economic data moves the USD, see <a href=\"https:\/\/backcom.io\/en\/how-to-trade-cpi-news\">How to Trade CPI News: A Step-by-Step Guide for Beginners<\/a>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">The Forex Pairs That React Most, and the Role of ADP<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Traders normally follow the USD pairs:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>EUR\/USD<\/strong><\/li>\n\n\n\n<li><strong>GBP\/USD<\/strong><\/li>\n\n\n\n<li><strong>USD\/JPY<\/strong><\/li>\n\n\n\n<li><strong>USD\/CHF<\/strong><\/li>\n\n\n\n<li><strong>AUD\/USD<\/strong><\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Of those, <strong>EUR\/USD<\/strong> gets the most attention thanks to its deep liquidity and its fairly sensitive response to moves in the USD.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Ahead of NFP you can also look at the <strong>ADP Employment Report<\/strong> to gauge private-sector employment. That said, <strong>ADP is not an accurate forecast of NFP<\/strong> and should be treated as reference data only.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">A Worked Example: How EUR\/USD Reacts to a Big NFP Release<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Suppose:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>NFP Forecast: +100K<\/strong><br><strong>NFP Actual: +220K<\/strong><br><strong>Unemployment falls and wages rise<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u2192 the labour market is stronger than expected<br>\u2192 the USD can rise<br>\u2192 <strong>EUR\/USD tends to fall and USD\/JPY tends to rise<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Conversely, if NFP comes in far below forecast and unemployment rises, the USD usually comes under downward pressure.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\"><strong>Note:<\/strong> don&#8217;t trade forex on the NFP number alone. Combine the <strong>Unemployment Rate, Average Hourly Earnings, the revisions and the DXY&#8217;s actual reaction<\/strong> before you settle on a direction.<\/p>\n<\/blockquote>\n\n\n\n<h2 class=\"wp-block-heading\">How Does Nonfarm Affect Bitcoin?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The <strong>Nonfarm news<\/strong> does not hit Bitcoin as directly as it hits the USD, but it still has a strong effect through <strong>Fed rate expectations, liquidity and risk appetite<\/strong>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">The Transmission Chain: Nonfarm \u2192 Risk Appetite \u2192 Liquidity \u2192 Bitcoin<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">As a general rule:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>NFP stronger than forecast<\/strong> \u2192 the Fed may hold rates high for longer \u2192 liquidity tightens \u2192 <strong>Bitcoin tends to come under pressure<\/strong>.<\/li>\n\n\n\n<li><strong>NFP moderately weak<\/strong> \u2192 expectations of Fed easing build \u2192 liquidity is supported \u2192 <strong>Bitcoin can rise<\/strong>.<\/li>\n\n\n\n<li><strong>NFP far too weak<\/strong> \u2192 the market starts worrying about recession \u2192 risk-off sentiment builds \u2192 Bitcoin can still fall.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">So <strong>a weak NFP does not mean BTC will certainly rise<\/strong>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Which Reacts More Strongly to Nonfarm \u2014 Bitcoin or Gold?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The two assets react through different mechanisms:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Gold:<\/strong> more sensitive to the USD, yields and rate expectations.<\/li>\n\n\n\n<li><strong>Bitcoin:<\/strong> sensitive both to macro factors and to flows within the crypto market itself.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Bitcoin can move by a larger percentage, but <strong>the direction of its reaction is usually harder to predict than gold&#8217;s<\/strong>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Why Is Bitcoin Less Predictable Than Gold and Forex?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">No asset always reacts more strongly across every NFP release.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Judged on the <strong>transmission mechanism<\/strong>, however, gold is usually easier to read.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Factor<\/th><th>Gold<\/th><th>Bitcoin<\/th><\/tr><\/thead><tbody><tr><td>Sensitivity to the USD<\/td><td>Very high<\/td><td>Medium<\/td><\/tr><tr><td>Sensitivity to real yields<\/td><td>Very high<\/td><td>High<\/td><\/tr><tr><td>Risk-off<\/td><td>Usually supported<\/td><td>Can come under pressure<\/td><\/tr><tr><td>Liquidity<\/td><td>High<\/td><td>High but highly volatile<\/td><\/tr><tr><td>Crypto-specific news<\/td><td>No<\/td><td>Very high<\/td><\/tr><tr><td>Leverage liquidations<\/td><td>Lower<\/td><td>High<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Gold:<\/strong> its relationship with the USD and yields is usually more direct.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Bitcoin:<\/strong> the percentage move can be larger, but the direction is less consistent.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">5 Steps for Trading the Nonfarm News<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Trading the <strong>Nonfarm news<\/strong> can offer real opportunity, but it comes with heavy volatility, widening spreads and slippage. Prepare your scenarios in advance rather than entering on emotion.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Steps 1\u20132: Check the Consensus and ADP, and Set the USD Direction<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Before the <strong>Nonfarm news<\/strong> lands, work out what the market is expecting.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Step 1: Check the data ahead of NFP<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Consensus\/Forecast:<\/strong> the market&#8217;s NFP expectation.<\/li>\n\n\n\n<li><strong>Previous:<\/strong> the prior period&#8217;s figure.<\/li>\n\n\n\n<li><strong>ADP Employment:<\/strong> a reference for the private-sector employment trend.<\/li>\n\n\n\n<li>You can also look at JOLTS and Jobless Claims for the wider labour context.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Step 2: Build your USD scenarios<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>NFP &gt; Forecast + falling unemployment + rising wages<\/strong> \u2192 the USD is usually supported.<\/li>\n\n\n\n<li><strong>NFP &lt; Forecast + rising unemployment + weak wages<\/strong> \u2192 the USD tends to come under pressure.<\/li>\n\n\n\n<li><strong>Conflicting data<\/strong> \u2192 wait for the price reaction rather than entering straight away.<\/li>\n<\/ul>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\"><strong>Note:<\/strong> ADP is reference data only. Don&#8217;t use it to predict the Nonfarm result directly.<\/p>\n<\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\">Steps 3\u20134: Pick the Instrument and Set a Sensible Entry \/ Stop-Loss<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Once you have a view on the USD, pick <strong>the one instrument that reacts most clearly<\/strong> rather than opening several positions at once.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Step 3: Pick the instrument<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>XAU\/USD:<\/strong> suits you when the USD and US yields react clearly.<\/li>\n\n\n\n<li><strong>EUR\/USD, GBP\/USD:<\/strong> usually sensitive to moves in the USD.<\/li>\n\n\n\n<li><strong>USD\/JPY:<\/strong> worth watching when US bond yields move sharply.<\/li>\n\n\n\n<li><strong>Bitcoin:<\/strong> only trade it when the risk-on\/risk-off tone is reasonably clear.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Step 4: Choose the entry and the Stop-Loss<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Don&#8217;t enter on the exact second Nonfarm is published. Instead:<\/p>\n\n\n\n<ol start=\"1\" class=\"wp-block-list\">\n<li>Wait for the first spike.<\/li>\n\n\n\n<li>Watch for 3\u201315 minutes.<\/li>\n\n\n\n<li>Mark the support and resistance zones.<\/li>\n\n\n\n<li>Wait for a breakout or a retest before entering.<\/li>\n\n\n\n<li>Set the <strong>Stop-Loss from price structure<\/strong>, and avoid placing it too tight.<\/li>\n<\/ol>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\"><strong>Note:<\/strong> spreads widen and slippage runs high around Nonfarm, so cut your position size and put risk management ahead of trying to catch the exact top or bottom.<\/p>\n<\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\">Step 5: Watch the First 30 Minutes and Adjust the Position<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Once you are in, watch the <strong>first 30 minutes<\/strong> to confirm whether the market is holding the direction the Nonfarm data implied.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Look at:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>DXY:<\/strong> is the USD still strengthening or weakening in line with the data?<\/li>\n\n\n\n<li><strong>US bond yields:<\/strong> are they confirming the same direction as the USD?<\/li>\n\n\n\n<li><strong>Price:<\/strong> is the breakout holding, or is it turning into a false breakout?<\/li>\n\n\n\n<li><strong>Volatility:<\/strong> has price reversed after the first spike?<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">If price is going your way, hold to plan or move the Stop-Loss to protect the profit. If the market reverses hard and price no longer confirms the data, consider cutting the position size or exiting.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\"><strong>The rule:<\/strong> trading Nonfarm should be based on <strong>what the market actually does<\/strong>, not on holding a position just because of your initial call.<\/p>\n<\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\">For more practice with the platform, risk management and forex fundamentals, follow <a href=\"https:\/\/www.youtube.com\/@backcomio\" target=\"_blank\" rel=\"noopener\">Backcom on YouTube<\/a>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">4 Common Mistakes New Traders Make on the Nonfarm News<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Sizing the lot far too large before the release.<\/strong><\/li>\n\n\n\n<li><strong>Looking only at the headline NFP.<\/strong><\/li>\n\n\n\n<li><strong>Ignoring the Unemployment Rate, AHE and the revisions.<\/strong><\/li>\n\n\n\n<li><strong>Placing Buy Stop \/ Sell Stop orders too close to price before the release.<\/strong><\/li>\n<\/ul>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\"><strong>The key rule:<\/strong> when trading Nonfarm, put capital protection first and wait for the market to confirm, rather than trying to time the first spike exactly.<\/p>\n<\/blockquote>\n\n\n\n<h2 class=\"wp-block-heading\">Summary<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Nonfarm (NFP)<\/strong> can move the <strong>USD, gold, forex and Bitcoin<\/strong> sharply, through Fed rate expectations and market sentiment.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">When you read the Nonfarm news, pay attention to:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Actual vs Forecast<\/strong><\/li>\n\n\n\n<li>The unemployment rate<\/li>\n\n\n\n<li>Average hourly earnings<\/li>\n\n\n\n<li>The revisions to the previous period<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">As a rule, <strong>a strong NFP supports the USD and weighs on gold<\/strong>, while a weak NFP can produce the opposite reaction. For Bitcoin the effect is usually indirect, working through liquidity and risk-on\/risk-off sentiment.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">What matters most is combining the data with the price reaction and managing your risk, rather than looking at a single NFP number.<\/p>\n<\/blockquote>\n\n\n\n<h2 class=\"wp-block-heading\">Frequently Asked Questions (FAQ)<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">What is Nonfarm?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Nonfarm (NFP)<\/strong> measures the change in the number of non-farm jobs in the United States, and is published monthly by the BLS.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">What time is the Nonfarm news released?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">In Vietnam, NFP is normally published at <strong>19:30 or 20:30<\/strong>, depending on whether the US is on summer or winter time.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Does gold rise or fall on a strong Nonfarm?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">As a rule, <strong>a strong NFP supports the USD and weighs on gold<\/strong>. Conversely, a weak NFP can support the gold price.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">How does Nonfarm affect forex?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">NFP hits the USD pairs such as <strong>EUR\/USD, GBP\/USD and USD\/JPY<\/strong> hard, through Fed rate expectations and the resulting move in the USD.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Does Nonfarm affect Bitcoin?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">It does. NFP affects Bitcoin indirectly through <strong>rates, liquidity and risk-on\/risk-off sentiment<\/strong>, so the reaction is usually harder to predict than in gold and forex.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Should you trade the moment Nonfarm is published?<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Beginners should avoid entering in the first seconds because of <strong>spread, slippage and heavy volatility<\/strong>. Waiting for the market to confirm a direction is usually safer.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>How the US Nonfarm Payrolls release moves gold, forex and Bitcoin: the 5 key figures to read, the 2026 calendar, and a 5-step process for trading it.<\/p>\n","protected":false},"author":8,"featured_media":13332,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_eb_attr":"","footnotes":""},"categories":[359],"tags":[491,490],"class_list":["post-13331","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-knowledge","tag-nonfarm-news","tag-what-is-nonfarm"],"acf":[],"views":4,"_links":{"self":[{"href":"https:\/\/backcom.io\/en\/wp-json\/wp\/v2\/posts\/13331","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/backcom.io\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/backcom.io\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/backcom.io\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/backcom.io\/en\/wp-json\/wp\/v2\/comments?post=13331"}],"version-history":[{"count":3,"href":"https:\/\/backcom.io\/en\/wp-json\/wp\/v2\/posts\/13331\/revisions"}],"predecessor-version":[{"id":13344,"href":"https:\/\/backcom.io\/en\/wp-json\/wp\/v2\/posts\/13331\/revisions\/13344"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/backcom.io\/en\/wp-json\/wp\/v2\/media\/13332"}],"wp:attachment":[{"href":"https:\/\/backcom.io\/en\/wp-json\/wp\/v2\/media?parent=13331"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/backcom.io\/en\/wp-json\/wp\/v2\/categories?post=13331"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/backcom.io\/en\/wp-json\/wp\/v2\/tags?post=13331"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}