Economic calendar · CAD, AUD, GBP, NZD
Employment reports (non-US): what it is and how to trade it
Jobs created and unemployment rate. Canada often releases at the same time as NFP.
What it measures
Jobs created and unemployment rate. Canada often releases at the same time as NFP.
How traders handle it
When CAD and US jobs release together, USD/CAD can move sharply in either direction.
Price reacts to the surprise: the actual number minus the forecast. A great number that everyone expected can move nothing at all.
Reading it on the calendar
Each event shows an impact level, the previous figure, the forecast and, once released, the actual. Compare actual with forecast, and watch for revisions to the previous figure.
Frequently asked questions
When is Employment reports (non-US) released?
Monthly (NZD quarterly).
Which pairs move most on Employment reports (non-US)?
USD/CAD, AUD/USD, GBP/USD, NZD/USD.
How should beginners trade it?
Most beginners should be flat or protected before the release, then wait 15–30 minutes and trade a clean break of the release candle's range. Read Trading the News.
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