Trading Non-Farm Payrolls

This video is a good example of how FOREX traders trade around news releases like this non-farm payrolls report.

Just before the news release price reflects the forecasted numbers however occasionally traders are caught off guard by either better or worse than expected numbers which can cause rapid movement in the price.

Many USA reports come out at 8:30 AM so many traders choose to be out of the market during the potentially choppy conditions.