Trader's Glossary

Non-Farm Payroll (NFP)

A key economic indicator of the U.S. economy that reports on changes in the number of employees. The report excludes farm workers and those employed by the government, non-profit organisations and private households.
Did you know?

U.S. President Richard Nixon is credited with enabling a free-floating currency system after ending the Bretton Woods Accord.

Word of the day
"Coincident Indicator" - An economic indicator that shows the current state of the economy of a particular area. The GDP, for example, is one of the most significant coincident indicators.
Pro Tip

Be wary of promises and bonuses. If something sounds too good to be true, then it most probably is.

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