Benefits of Portfolio Diversification

Nonfarm Payrolls | Will high expectations see low results

The Nonfarm Payrolls are possibly the economic news release that often sees the highest volatility outside of a Central Bank Interest Rate Decision. 

This volatility is because of the strong correlation between Monetary Policy, Interest Rates and the US Jobs Market. 

The US Bureau of Labor releases the report with the number of new jobs created during the previous month, excluding agricultural businesses. 

Last months Nonfarm Payrolls 

Analysts expected the creation of around 647,000 new jobs. The consensus was short, and the actual number was 916,000. This figure resulted in a giant pin bar on the EURUSD 15 minute chart. Open and Close were in the 1.1767/68 region. The high was 1.1785; the low was 1.1756.

This volatility reiterates the importance of not over-leveraging and trading safe. 

Global job creation took a hit in 2020 due to the pandemic, but as the economy starts to open back up, figures look to be recovering back to normal levels. 

This time around, analysts are forecasting 980,000 new jobs. With this forecast being higher than lasts month actual figure, will they be correct?

Nonfarm Payrolls always carry the potential for colossal volatility spikes and should be considered a hazardous time to trade.

Are you a news trader?

Or maybe a breakout trader?

If you plan to trade The Nonfarm PayrollsTweet us how you plan to tackle the volatility storm should it surface!


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Risk disclosure:

Content Disclaimer: The contents of this post (and all other posts’) are for educational purposes only and should not be construed as financial and/or investment advice.

UK Early May Bank Holiday Amended Trading Hours

We have published our amended trading hours for the upcoming UK early May Bank Holiday period, including the trading hours for the DARWIN asset class. The assets affected are as follows.

Friday 30th April Early Close 19:58 
Monday 3rd May Closed
Tuesday 4th May Late Open 00:01


All times are UTC.

During this holiday spreads may be wider and liquidity may be thinner than on normal weeks.

For any questions, we’re one email away at

Trade safe,

The Darwinex Team