NFP news for tom analysis

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NFP news for tom analysis U.S. Dollar Currency IndexTVC:DXYRaddest_traderNFP – meaning Non-Farm Payrolls It’s the monthly report of jobs created in the US. When NFP is high, it means many new jobs were added — which signals a strong economy. So when the economy is strong, the US dollar (DXY) also tends to strengthen. When the dollar is strong, it usually correlates with other currencies like EURUSD and GBPUSD, and also Gold (though sometimes Gold doesn’t follow this correlation).