Announcement expected today at 6pm IST
Trend of Non farm payroll
Previous: 236k for March
Forecast: 180k for April
What to expect?
| Outcome | Expected Impact on crypto market |
| In line with forecast
(same as 180k) |
Neutral trend |
| Weaker than forecast
(less than 180k) |
Bullish trend |
| Stronger than forecast
(more than 180k) |
Bearish trend |
What is the Non-farm payroll?
- Nonfarm payroll measures the number of jobs added or lost in the United States over a month excluding the farming industry.
- This indicates the health of the labor market and the economy as a whole.
Expect Volatility!
Source: Investing.com
Note: This is not an investment advice and we highly recommend that you do your own research
